Key Man Insurance

To speak to one of our specialists, call us on

01 4611500

How would your business cope if it lost a key director or employee? For many, it would spell disaster. Key Man insurance, also known as Key Person insurance or Key Person Protection, covers against the loss of key individuals in a business which would result in financial loss, either in terms of lost income, loss of confidence in the business, or someone who is simply pivotal to the ongoing success of the business.

When a business loses a key employee, this can negatively impact the business’ long-term revenue, and potentially contribute to a company’s failure.

Key Man insurance is designed to pay out a cash sum if the person insured:
  • Dies
  • Meets the insurer’s terminal illness criteria
  • Suffers a specified illness such as a stroke, cancer, or a heart attack (if you’ve chosen additional Critical Illness cover)

We can guide you through the process of deciding on the appropriate amount and length of your cover to ensure you get the right people protected at a suitable price.