Key person protection, through a life assurance, critical illness, income protection plan, or a combination of all three, can provide cash injection (either as a lump sum or as a flow of income) to your business if a key member of staff dies or suffers a serious illness. This allows the business to continue trading at a time of considerable uncertainty and financial pressure.

Occasionally, we see this as a requirement put on companies prior to the securing of a piece of new business or start of a new project.

Among other things, the following main needs can be covered:

  • Loss of profits suffered until a replacement is found, is in place, and is fully 
  • Pay for the often substantial costs of recruitment and training of a 
  • If absence is due to critical illness, if a return to work is on the cards, pay income to the ‘absent’ person and also fund the cost of a temporary replacement.

To discuss this in more detail please call the office on 0800 6342 111 or send an email to This email address is being protected from spambots. You need JavaScript enabled to view it.