Would your clients or suppliers put their businesses on hold while you trained a replacement? Would the bank give you a debt-reduction holiday?

This type of insurance is designed to protect a business in the event of the loss of a person who makes a significant contribution towards the profitability of the business.

How would your business cope if a key person suffered illness, injury or death?

Consider the length of time it would take for the business to achieve the status quo prior to the key person’s death or disability, and / or

  • the additional salary needed to be paid to the replacement
  • the anticipated profit reduction
  • the possible loss of customers or clients
  • the lead time for replacement to be effective
  • the possible loss of production whilst training a new employee
  • the additional cost of hiring a new employee

Contact us to find out more about Key Person Insurance on 08 8224 0602 or email: