Key Person Insurance.
Key staff can represent the heart of any business.
Prolonged absence through serious illness, or even death, can be catastrophic for some companies, resulting in:
- Loss of profits
- The recall of loans
- Reduced capacity
- Loss of key clients/contacts
The risks are the same for limited companies, partnerships or sole traders. Prosperis Ltd can advise you how to secure a cash sum that will enable your business to survive in the short term while you deal with the immediate effects of the loss of a key person within your organisation.
Over the longer term, finance can be made available to subsidise profits whilst a replacement is recruited and gains the relevant experience needed.
How can we help?
To find out more about key man protection please give us a call on 01423 223 640 or complete the online enquiry form and we will give you a call to discuss your requirements.