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Keyperson Insurance

What is Keyperson insurance designed for?

It compensates a company when a key employee dies or becomes seriously ill.

Why take out Keyperson insurance?

It helps minimise the financial impact of losing key employees

Keyperson insurance benefits

  • If the employee dies a cash sum is paid to help maintain the business
  • Can help minimise interruption to business activity
  • Can help with bank loans where the key employee gave a personal guarantee
  • Can help pay off loans made to the company by the key employee
  • Can help provide resources to find a suitable replacement

Find out more

To find out more contact your local broker or call 1850 202 102

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PDF Document Keyperson Insurance (372 KB)

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