Key Person Insurance

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How It Works

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Our short and simple process introduces you to carefully selected Key Man Insurance specialists.

  • Tell Us What You Need

    Refine the search by telling us the requirements

  • Receive Free Quotes

    Get free no obligation insurance policy quotes

  • Choose The Right Policy

    Pick the best insurance policy for the business

Why Should You Choose Business Quote?

Get the right Key Man Insurance policy to protect the business and key individuals.

  • Speak With Industry Experts

    Bespoke help tailored to your needs

  • Search The Market

    A specialist will search the market for you

  • Compare Rates

    Compare quotes and policies for the best cover

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Are you a business owner concerned about the impact the loss of a key employee could have on your business? Key Man Insurance could be the solution to your worries. 

What is Key Man Insurance? 

Key Man Insurance is an insurance policy taken out by a business to cover the financial losses that would be incurred if a key employee was to leave the business or become unable to work due to illness or injury. 

How Does Key Man Insurance Work? 

Key Man Insurance is designed to provide a lump sum to the business in the event of the death or incapacity of a key employee. This lump sum can then be used to pay for the cost of recruiting and training a new employee or to cover any other financial losses the business may incur due to the employee’s departure. 

Key Man Insurance can be tailored to meet the specific needs of a business. Depending on the size and nature of your business, you may be able to cover multiple key employees on the same policy. 

Let Us Help You 

At Business Quote, we can help you find the right Key Man Insurance policy to suit your needs. We work with leading insurance providers to help you compare policies and get the best coverage for your business. Get in touch today to find out more. 

Expert Advice 

We have a team of experts who can answer any questions you may have about Key Person Insurance. Contact us today and we’ll be happy to help you find the right policy for your business. 

At Business Quote, we understand that getting the right insurance coverage is vital for your business. Get in touch with one of our agents today and they will be more than happy to help you find the right Key Person Insurance policy for your business. 

Save Time and Money 

At Business Quote, we make the process of finding Key Person Insurance easy and stress-free. Depending on your business needs, we can find you the right policy at the best possible price. Let us help you save time and money. 

Get the Best Deal 

At Business Quote, we understand that every business is different and has its own unique needs. We can help you compare policies from leading insurance providers to get the best deal for your business. Get in touch with us today and let us find the right Key Person Insurance policy for your business.

FAQs

Our FAQ will answer your questions

  • Who is eligible for Key Person Insurance?

    Key Person Insurance provides financial coverage for a business if one of its key employees leaves or becomes unable to work. The lump sum provided can be used to pay for the cost of recruiting and training a new employee as well as covering any other losses the business may incur due to the employee’s departure.

  • What is the cost of Key Person Insurance?

    The cost of Key Person Insurance will depend on the size and nature of your business, as well as the number of key employees you wish to cover. Get in touch with us today, and we’ll be happy to provide you with a free individual quote based on your needs.

  • Do I need Key Person Insurance?

    It is important for all businesses to consider protecting themselves against the financial loss that can occur if a key employee leaves or becomes unable to work. Whether you decide Key Person Insurance is right for your business or not, our team of experts are available to answer any questions and provide advice on the best policy for you.

Additional Key Person Insurance Resources

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