Be fully prepared for the loss of important employees or directors with a Key Person Insurance policy tailored to you and your business.
Often best suited to SMEs, who could struggle if crucial ideas and leadership is lost, banks sometimes ask for protection to be taken out to safeguard a business loan.
All premiums are paid by the company, who will receive a lump sum a regular monthly income in the event of a claim.
Talk to Tailored Protection and we’ll explain all your options – including the best Key Person Insurance in Hertfordshire.
Key people you could insure:
- The founder or business owner – Often relied upon for continued success
- Office manager – Vital in the day-to-day running of operations
- Top salesperson – May be key to new business and future profits
- IT director or developer – Could you cope without them?