Every business has employees whose skills, knowledge, experience or leadership make a big contribution to its success. And if lost, there could often be an immediate financial impact.
Key Person Income Protection can be used to meet the cost of hiring a temporary replacement, protect lost profits, or support any ongoing loan repayments.
A simple solution to an everyday problem
Key Person Income Protection could provide a regular monthly benefit to a business in the event of the illness or injury of a key employee. It’s designed to help small businesses move confidently through any financial uncertainty that can occur if a key employee needs time off work due to illness or injury.
It also includes access to experienced rehabilitation specialists helping them get back to good health and work.