Key Person Insurance is designed to protect a company from the loss of a key person within the organisation. This is used by both the largest companies in the country and small partnerships alike.

This cover can assist a company to overcome the loss of a key person, as this can effect profitability and cost the company money whilst trying to find a replacement and train them into the position. The level of cover will depend on the purpose of the cover and the effect the it would have on the business if the key person was no longer in the business.

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