Key Person Insurance
A key person is anyone whose absence would seriously affect the running of the business. This could be anyone from the Chairman to those with a specialist skill in their department.Ā
Partnership Protection
This can provide a business partnership with the funds to ābuy outā or compensate the deceasedās dependants, should a business partner die.
Shareholder Protection
In the interests of financial security, business stability and continuity, it is essential to provide a safety net following the loss of a shareholder.
Relevant Life Plan
A Relevant Life Plan is a death-in-service benefit taken out by a company on behalf of an employee.