Who are the key people within your business?
- Proven ability to grow sales
- Highly specialised technical skills
- Personal relationships with valued customers
- Responsibility for major projects
*Consider whether losing this person could affect your short or long term profits/ how much it would cost to replace them/ and whether their death could affect any outstanding loans.
The big benefit
Life Insurance provides your business with vital funds for:
- Payment of debts and expenses to keep operations running
- Finding and training a suitable replacement
- Increasing cash flow to compensate for lost revenues
- Assuring creditors and suppliers of any outstanding financial commitments
- Showing customers the business will continue