Key Person Insurance

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FAQs

Everything you may need to know about our services and commitment will be included here. If you can’t find the answer you’re looking for then please contact us so we can help.

  • What are the benefits of Key Man Insurance?

    Pays you a cash lump sum to use however and wherever needed for your business. Can help your business find the perfect temporary or permanent replacement using the policy's lump-sum payout. You can sustain your business during uncertainty by providing reassurance to staff, shareholders and investors.

  • Is the business the owner of the Key Man Insurance policy?

    Yes. The insurance is purchased by the company to cover the death of an employee and is thus owned by the company. Any claim submitted benefits the firm; however, the pay-out cash can be utilised for any purpose. This might involve paying employees or replacing any earnings lost as a result of the situation.

  • What is the cost of Key Man Insurance?

    The cost of insurance depends on several factors, including the person's age and health. Suppose they smoke or have certain pre-existing conditions. In that case, it can also affect what packages are available in addition to premium rates themselves - so there isn't always one fixed price for coverage. The best approach is to complete the form below and receive a free, no obligation quote.