Keyperson Insurance

Safeguarding your business.

Have you ever stopped to consider what could happen to your business if a key member of staff passed away? While it’s not something that you may want to think about, a sudden death could have a huge impact on the success of your company. So, it’s worth preparing for the worst possible scenario and that’s where keyperson insurance comes in handy.

At Protectus Healthcare, we are experts in keyperson insurance and offer bespoke solutions that meet individual business requirements.

What is keyperson insurance?

The definition of keyperson insurance cover is life assurance on a key person of your business. This could be an employee, director, partner or proprietor on whom the continued successful operation of a business depends.

Keyperson insurance will be set up to either cover life assurance only or life and critical illness cover. This is put in place to compensate the business for any financial losses it would suffer if a key person died or was diagnosed with a specified critical illness if chosen, during the term of the policy.

Keyperson insurance is designed to compensate the business which would be the sole beneficiary in the event of a claim, against the severe impact the loss of a key person could have on its sales, profits, employees, cost of finding a replacement, guaranteeing business loans, investments or banking facilities.

Why choose us for your keyperson insurance cover?

Experts in keyperson insurance policies: As an independent healthcare insurance broker, we have years of expertise in the field and can provide detailed advice and guidance.

Personalised customer service: We’ll go the extra mile to understand your business needs and ensure the right kind of keyperson insurance coverage is in place for one or more employees.

A partner of leading insurers: Having developed great relationships with a number of leading insurers, we’re in a strong position to help you find the most cost-effective policy.