Key Person Insurance

Protect your greatest assets: Your people. 

Key Personnel Insurance

Many businesses focus on insuring their premises, equipment and stock, but fail to protect their greatest assets: their people.

 

•    Who are the key people in your company? This could be a senior manager, sales person, partner or owner.

•    What would happen to your business if you lost someone who plays a vital role in running your operations?

 

Key Person Insurance is designed to minimise the impact of losing a key member of staff or a director. The policy pays out a cash lump sum to ease the financial pressure placed on your business. It can be used to cover the costs of finding a replacement and ensures your business can still run smoothly during a difficult and stressful time.

We get to know your business to fully understand all of the possible risks and threats that have the potential to undermine your business. 

We put the necessary protection and procedures in place in the event that of key personnel or directory become critically ill or pass away. 

Our services ensure that your income is protected against unforeseeable circumstances.  

As your business evolves, we ensure that your business remains protected. 

We assess businesses to determine tax liabilities and create effective actions plans.

We offer additional covers like protection for stock, business interruption and equipment,  to help keep your trade going if you hit a crisis.

We're Different

Unlike other providers, we keep in touch with our clients. We provide regular reviews and adapting insurance policies along the way to ensure your protection is always correct and reflective of your changing needs.

 

We stay with you on your business journey – and, should you ever need to claim, we will be on hand offering full support and guidance.

 

At Midland Business Insurance, we’re always in your corner. We are as passionate about your business as you are.

“I would strongly recommend Midland Business Insurance Services for your insurance requirements, they explain the different types of policies available followed by sound advice on which ones would be suitable to your individual requirements. It is gratifying and reassuring to know that the policy chosen will meet the needs of any rapidly growing business and we are looking forward to working with MBIS to help offer an exceptional insurance service to our clients.”

 

SIMI JOHAL | BROOKS & CO.

MBINS is an appointed representative of Efficient Portfolio Wealth Management Ltd. Which is authorised and regulated by The Financial Conduct Authority (522512). Registered in England No. 7194008. Registered office: Portfolian House, 30 Melton Road, Oakham, Rutland, LE15 6AY.