Keyman/ keyperson Insurance
This is basically insuring your company against a loss of profits due to the incapacity or death of a key employee, and can take a number of forms:
• Relevant life policies (Stand alone Death In Service paid for by the Limited Company)
• Executive Income Replacement Plan (Life of another Income Protection paid for by the Limited Company)
• Loan Protection – to repay business debts
• Share Protection – makes sure the value of your business can be passed on to your chosen beneficiaries
We can advise you on all of the above areas either directly or through our strategic partners.
Group Company Benefits
Your company can take out benefits on behalf of its employees as a group, spreading risk across the workforce rather than individuals. This can add real value to employment and play an important part in retaining staff – and due to important tax breaks, it can also prove more cost-efficient than salary increases.
Our advice could include any or all of:
• Group Death In Service
• Group Critical Illness
• Group Private Medical
• Group Hospital Cash Plan