Business protection planning helps ensure the continuation of the business by financially compensating a company for the death or disability of one or more of their key employees. A keyperson is anyone whose death or disability would have a serious effect on the company’s financial status and future profits; they are not necessarily a significant shareholder. The problems associated with the loss of a keyperson fall into one of the following four main areas:
• Loss of profits
• Loan protection
• Management buy-outs
• Sole proprietors
Obtain a Key Person & Sole Proprietor Business Protection Quotation
Our International Key Person Insurance quotations are completely free, and you are under absolutely no obligation to proceed.