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If your in business then you should already be aware that the biggest asset to any business is you and your staff. In business the death of a key person can cause a wealth of problems including putting your company in financial difficulty potentially threatening its future. Key man insurance helps safeguard your business should the worst happen.
So What is a Key Man Policy?
Key man is simply a life insurance policy on a staff member, however it’s taken out by the business for the business therefore all premiums must be paid by the business. Should something happen to the insured party then the chosen sum insured goes straight to the business to protect your company. It is there to provide support for the business for any losses or costs it occurs after losing an irreplaceable staff member. Key man insurance is one of the most overlooked policies in the business world, as many companies fail to consider the impact of the loss of a key player.
So how does it work?
With so many different policies available on the market it’s important to get the right one. By completing the simple form an FCA registered representative of Right Plan Financial Services Ltd will be in contact with suitable quotes based on your requirements for you to review without obligation.
What am I charged?
If you’re wondering how much the comparison service costs, you don’t have to. You’re not charged a penny. So why wait? Get a quote today and see if you could be saving.
This page is operated by Right Plan Financial Services Ltd. Right Plan Financial Services Ltd is an appointed representative of Intrinsic Mortgage Planning Limited, which is authorised and regulated by the Financial Conduct Authority. Intrinsic Mortgage Planning Limited is entered on the FCA Register (http://www.fca.org.uk/register) under reference 440718. Right Plan Financial Services Ltd, Registered in England and Wales 8811210, Botley Mills, Mill Hill, Botley SO30 2GB.