Safeguarding your key people means safeguarding the future of your business
Almost all businesses, from partnerships to multinational organisations, have people who are essential to their ongoing success. These are people whose skill, knowledge, experience, or leadership is crucial to ensuring your organisation can maintain business as usual and continue to grow.
From partnerships to multinational organisations, our NFP specialists can help you source cover that supports your business to survive through periods without your key people, by providing a cash sum if one of them passes away or is unable to work due to serious illness.
Replacing knowledge is much harder than replacing property or contents
Think about who the key people are in your organisation and what would happen to the business if they were to pass away or otherwise be unable to work for a long period of time. We know it’s not a nice thought, but ignoring this possibility could be putting the future of your business at risk and lead to:
- Profits being affected by the loss of valuable customers, clients, or contacts
- An inability to replace vital experience and knowledge of the company and industry
- A business-critical skill gap, affecting or even halting trade
NFP are here to help your business stay afloat, should the worst happen
As your key person insurance partner, our aim is to assess your level of risk without certain employees and make sure that, should the unthinkable happen, your business is able to stay on its feet. The right protection can:
- Help provide a buffer against financial loss relating to their loss or absence
- Ensure you have funds for training replacement personnel
- Cover the high costs of searching externally for senior talent
- Allow your company to weather the storm and survive without vital personnel, temporary or long-term
What can you expect?
There’s a lot to think about when developing and implementing a bespoke key person insurance plan. Our support puts you and your goals at the heart, giving you a personal service that makes protecting your company and its growth simple.
Understand
We’ll sit down with you to get to know more about your business, your aspirations, and your long-term goals. This allows us to fully understand your situation and what you’d like to achieve with our support.
Design
After discussing your situation and needs, our team will ensure your cover tailored to your unique requirements and is designed to fully safeguarding the future of your business from the loss of key personnel.
Manage
We’ll then use our market standing and relationships with top insurers to source and the right cover at the right price. We can also take on the managing of all claims you may need to make from start to finish.
Review
Our specialist team will have full, long-term oversight of your cover, and will ensure that, as your needs evolve, your cover follows. They will also be here to discuss any questions you may have about your cover.
Request a quote from our key person insurance specialists
To discuss how we can help you protect your business from the unexpected, fill in the form below and one of our team will be in touch.