Information
Key Factors
Factors that may influence your level and type of cover.
- Company Turnover
- Cost of recruitment
- Cost of retraining
- Who are your Key Staff?
- Shareholdings
Online Quotes
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Areas of Cover for KeyMan Policies
There are different types of Key Man policies providing cover for a variety of eventualities. The level of cover you choose depends largely on the nature of your business, it's financial position and the potential impact of the insured events.
- The main areas of cover are:
- Death of key staff
- Critical Illness of key staff
- Death of a significant shareholder
How you could make use of policy payouts:
- Pay for recruitment of new staff
- Fund additional staff training
- Cover the cost of any reorganisation
- Cover the payoff of outstanding finance
- Purchase shares from a deceased shareholders estate