Who’s the life and soul of your business? If you can name them, you probably need Key Person Insurance

Does your organisation rely on certain individuals for vision and strategy – or revenue?

What if…
…something happens to your lead creative part-way through a project?
…you need to find a replacement – and fast?
…your connections and relationships are held by one key person? What would be the impact to your organisation if they were absent?

Key Person Insurance can be a life saver – and your contracts may require it. It can cost as little as £175* – see our online Guide to Key Person Insurance.

Key Person Insurance provides a cash injection to your business if a key person dies or suffers a serious illness, allowing the business to continue trading at a time of considerable uncertainty and financial pressure. It can help fund…

  1. Loss of profits suffered until a replacement is found, is in place and is fully effective.
  2. Payment for the (often substantial) costs of recruitment and training of a replacement.
  3. If absence is due to critical illness, and if a return to work is likely, payment of income to the “absent” person.
  4. Cost of a temporary replacement.

Already have protection in place? Great, but when was this last reviewed…?

For a free and confidential review, without obligation, contact La Playa Wealth.