Does your practice rely on one or two key individuals to bring in business? What happens if they fall ill – or worse?
Key person insurance can protect your business against the financial impact of the critical illness or death of a key employee.
Do you have an employee who is crucial to the day-to-day running of your practice? Perhaps they’re a member of staff with a specialist skillset, or a practice manager responsible for managing important business contracts?
Whatever the circumstances, key person insurance covers your practice against the financial loss you might suffer in the event of losing this employee through death or critical illness.
Paid to you as a lump-sum amount, this type of cover provides a financial bridge between the loss and replacement of key employees – making a difficult time that little bit easier.
Wesleyan Financial Services is a broker and insurance products are provided by a number of selected insurers.
Limits, exclusions and charges do apply. Full terms and conditions of the policy and cover, including the policy benefits and exclusions, will be contained in the Policy Wording and Policy Summary.
Risk must be acceptable to underwriters at normal term.
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