Keyman keyperson keyasset protection

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Keyperson protection policy
Financial Overview
The death of prolonged illness of a key employee can put your business under financial strain. The answer is to protect yourself and your company with Key Personnel Protection.

Potential advantages of Keyman Insurance


Helps safeguard your business in the event of the death or illness of a nominated employee.


Full settlement – any outstanding balance on your agreement is paid in full if a nominated employee dies.

Includes Personal Accident cover, providing lump sum payments up to £150,000.



If you choose the Accident and Sickness add-on and a nominated employee is absent due to sickness for more than 30 consecutive days you can claim benefit equal to your monthly repayment.

Keyasset protection policy
Financial Overview
This protects the business against losses resulting from accidental damage or breakdown of certain assets held under a finance agreement.

Potential advantages of Keyasset Protection


Full repair costs for partial losses due to repair costs or full replacement costs of total losses are covered throughout the period of the agreement.


Finance repayments are covered whilst the equipment is out of action for up to six months from when the problem occurred.



Assets include cash registers, garage equipment, industrial plant and machinery, computers, CNC machinery, outside broadcast equipment, medical equipment, fork-lift trucks and catering equipment as well as contractor’s plant and portable electronic equipment.

All of our quotations for insurance are provided by an approved independent intermediary business partner. Our approved independent intermediary business partners provide free independent advice and quotes to ensure you receive the very best price and service for your business insurance. All of our quotations are supplied free from any obligation.

 

 

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