If you own a business and have employees who are vital to the continuity of your business Key Person Insurance is important.
Many businesses rely on an individual who is key to the success and profitability of the business. This could be a 'key person' who can’t be easily replaced.
Losing a ‘Key Person’ will adversely impact a business and finding an immediate replacement might not be easy.
By ensuring a cover for its ‘key person’, a business can stay on track even when it loses an employee to death or illness.
