Insure yourself against losing key staff
29 August 2012
Our recruitment agency is now three years old and doing well, but the directors are conscious that if one of us became seriously ill or died, this would have a devastating effect on the business and the future of everyone working in it. We have been advis
Key person assurance safeguards a business following the death or disability of a key employee. Insuring against premature death or disability safeguards the business against loss of profits and can provide valuable breathing space to allow the company to be restructured or to find a suitable replacement.
However, perhaps understandably, it's always a tricky...