Businesses have many types of asset; offices, plant, machinery, computers etc. These assets will inevitably be insured as it is hard to do business without them. However, the most important asset for many businesses are their people. In a survey conducted by Legal and General 53% of respondents said that their business would fail within a year in the event of the loss of a key employee or director, whilst only 6% said the biggest impact would be a property break-in. With the frequent news we see each day in the media about death, heart attacks and cancer, it is vital companies protect themselves against the loss of their most important assets, their key people.
We can help businesses who have identified these risks to choose the right cover and protect themselves. Whether that is Key Person Cover, Shareholder Protection, Partnership Protection, Loan Protection or specific cover for VIP’s, we can help.