Chat to an adviser online about key man life insurance insurance now >>>>>>>
With so many options in the marketplace, finding the best deal is almost impossible, thats why you should be speaking to us, our systems and contacts allow us to search through the whole marketplace for the very best deals and rates. Talk to one of our knowledgeable key man life and key asset insurance advisers online now and request a free quotation.
|
Do you need advice about Key Man insurance? Call us on 0845 130 0009 or 0845 370 0020 and our qualified advisers will be happy to explain the benefits of having this insurance, how to calculate the level of cover and what the costs are.
To go to our dedicated business insurance website please click HERE
News:
We are not only able to provide Key man life insurance for the
UK marketplace, we are now able to provide Keyman life insurance
for International employees working for International companies.
Being totally independent means that we can search the whole UK
and international Key man markets to ensure that you get the best
product to meet your needs.
| |
 |
Key
man life insurance cover
If you run
a business then you know that the success of your business can
be largely influenced by the exceptional contributions of a small
number of “KEY” men or women within your company.
These “KEY” figures should include people like your
fellow directors or business partners. The premature death or
long-term disability of these people could ultimately threaten
your company’s profits or, even worse, could threaten the
future existence of your business.
Why
is Key man life insurance so important?
Because
if your business partner of fellow director dies, their element
of the business, unless specified otherwise, goes to their estate!
What does Key man life insurance cover?
Should one of your “KEY” staff suffer premature death
this is more than likely going to cause an immediate need for
a cash injection. This money may be required to cover the immediate
loss of turnover the sudden absence of that key person may cause,
the cost of recruiting a replacement and the cost of training
them to be as productive as their predecessor. The same need for
cash would apply if that same person suffered a critical illness
such as a heart attack, cancer or a stroke. This may not result
in their death but inevitably will mean a lengthy period of absence,
if indeed they returned at all.
Key person insurance can be taken out to provide this much needed
cash injection in the currency you decide for both the aforementioned
circumstances.
How much key man life insurance cover is needed?
There is no magic formula to work this question out. The amount
of cover is really going to be down to how much you think your
turnover would be affected if that person is no longer there come
Monday morning, how much it would cost to recruit a replacement
and how much would it cost and how long would it take to be as
productive as their predecessor. These are the sorts of questions
you need to ask yourself.
Summary of
key man life insurance
The
premature death or a critical illness of a “KEY” member
of your workforce could put a huge financial strain on the profitability
of your company
|
Help
safeguard your business in the event of the death or critical
illness of a “KEY” person within your company. |
|
Some
plans include 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. |
If you are
concerned about this and would like to discuss your own business
circumstances with our corporate financial specialists then please
click on the “Call me back”
tab above and we will call you back normally on the same day.
Dedicated Key Man Insurance website
Due to the increased need for business protection insurance, a new site has been produced to explain more about how a Key Man product works, why you may need it and how to calculate the insured amounts.To visit a dedicated website on this product, please click the following link: KEY MAN WEBSITE
| |
|
SAVE MONEY AND GET A BETTER SERVICE BY MOVING YOUR BUSINESS BANK ACCOUNT
Do you believe that your bank takes your custom for granted? After years of loyalty are you disappointed that your bank still doesn't understand your busines and its needs?
Let 'Move Your Account' help you, we have partnered with the leading banks and lenders and will find you a better banking deal than you currently have. You may ask whats the catch? The simple answer is none, you tell us what you want from your business bank and we will find a bank that best meets your requirements. Our services are free to use and without any obligation. Just complete the short form and see whats available.
To use the Move Your Account business banking services click HERE
|
|
Key
man life insurance
