Other Key Man Cover
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Insuring your Key People
doesn’t stop with income replacement,
death or critical illness.
A business can also provide a range of
benefits for their partners or directors.
The company can pay the premiums and then
can write off the cost of the premiums
as a business expense, whilst the individuals
who are covered will pay tax on a ‘benefit
in kind’.
The full range of Key Man benefits include:-
Critical Illness Cover
Income replacement
Life Cover
Long Term Care
Private Medical Insurance
Key man insurance is not simply a ‘staff’ benefit,
it is intended to
protect the company against the adverse effect of the premature
death or long term illness to a key members of your staff or
management team, who’s absence could cause harm to
your company.
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