Key Person Insurance

Help to safeguard your business by protecting against the loss of key employees.

Get a quote +44 (0) 20 8349 5100

Tailored solutions that help to safeguard your business against the loss of key employees.

If your business is reliant on the abilities of one or more key individuals, it could be left exposed if they were to fall seriously ill or die. The impact can be traumatic both for their loved ones and to the business itself.

Key person insurance is designed to help the business to survive just such an event, for instance covering lost profit or the cost of hiring a replacement, forming part of effective business continuity and succession planning. Premiums are deductible against a business’s profits.

Key Person Insurance From Ashley Page

At Ashley Page we have been helping businesses to protect against the unexpected for 40 years. Our team of specialists is experienced and knowledgeable when it comes to selecting the right key person cover for businesses of all shapes and sizes.

As an independent broker we are not tied to any one insurer, which means we provide straightforward advice you can trust and offer a wide range of solutions, including:

Get a quote +44 (0) 20 8349 5100

Standard Covers

  • Term assurance.

  • Term assurance with critical illness cover.

  • Whole of life protection plan.

  • Terminal illness.

Key Features

  • Provides a lump sum to a business on the death of a key person.

  • Ensures the business recovers from death of a key person by replacing lost sales or profits.

  • Provides a lump sum to recruit a replacement.

  • Tax deductible premiums to employer.

  • Guaranteed premiums.

We can help you to find cover that:

  • Provides a financial buffer in the event of a key individual becoming permanently or temporarily unable to make their normal contribution to the business.
  • Protects the value of the business.
  • Covers lost profit or funding and hiring a replacement key individual.
  • Eases pressure on the key person to return to work should they fall critically ill.
  • Supports an effective disaster recovery strategy, reassuring customers that the business can survive an event of this nature.

Crucially, we won’t just arrange your cover. We have the knowhow to assist with the complex documentation that is required to make sure the protection you buy is properly put into effect.

 

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