Key Person Cover
Protecting Your People, Risk by Risk
Key Person is any member of staff who has a direct impact on the business’s profits. It could be the Business Owner, Director, Sales Person or any Employee with specialist skills or expertise. Key Person Cover can help to alleviate the financial impact in the event of death or illness of key employees. It recognises that people are your assets and protects you against the worst-case scenario.
The loss of a key person in your organisation can have a profound impact on everything from investor confidence to business performance. Key Person Cover helps mitigate this financial disruption by providing a lump sum payment to your company, ensuring stability during difficult times. At AssuredPartners, we understand that your people are your greatest assets, and this coverage safeguards your business against the unexpected, helping you navigate even the most challenging scenarios.
AssuredPartners are a Lloyd’s Broker with full access to the global insurance and reinsurance markets. We strive to provide solutions to the risks faced by our clients in this modern and ever evolving corporate world. Our specialist knowledge and market access enable us to provide the solutions you need to operate with confidence.