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Business Protection
Key Person Cover
Request a callback or phone 0161 2167 595 for a free quote or advice
Compensate your business for Key Person absence
WHAT IT IS
With many small and medium sized companies dependent on a few specialist individuals, Key Person Cover is designed to help protect the business in the event of death or severe illness of one or more key employees.
HOW IT HELPS
If the key person were to die or suffer from a severe illness, the policy pays out a lump sum to make up for any loss in your revenue or profits, helping to keep your business on track.
With many small and medium sized companies dependent on a few specialist individuals, Key Person Cover is designed to help protect the business in the event of death or severe illness of one or more key employees.
HOW IT HELPS
If the key person were to die or suffer from a severe illness, the policy pays out a lump sum to make up for any loss in your revenue or profits, helping to keep your business on track.
How much cover do you need?
When calculating your cover, it’s a good idea to consider:
- Loan repayments
- Replacement of lost profits
- Cost of recruitment of replacement personnel
- Repayment of partners' /directors' loan accounts
Your Business Protection options
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Business Protection Life Cover
Safeguard the people who matter most to your success
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Relevant Life Cover
Give your best employees an extra incentive to stay
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Shareholder or Partnership Protection
Keep your business stable in the event of serious illness or death
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Loan Protection
Help protect your company’s financial stability in times of uncertainty
Get our best savings and rewards
Add Vitality Optimiser to pick up our exclusive discounts, savings and rewards.
Call us on0161 2167 595
Speak to a VitalityLife business adviser for tailored advice. , ask for a callback and we’ll get in touch at a time to suit you.
Lines open:
8am – 9pm Monday to Thursday
8am – 7pm Friday
9am – 5pm Saturday
Closed – Sunday