Commercial Loan Payment Protection and Keyman Insurance
Our Commercial Loan Payment Protector and Keyman Insurance products are designed to ensure a business can continue to function even if key members of the team have an accident, become sick or die. It helps businesses to manage a period of instability without incurring financial penalties, fatal interruptions to their cash flows or loss of reputation. It is available to cover up to 4 named individuals. Certain higher life benefits may require medical underwriting.
CLIENT BENEFITS
Provides a growth opportunity
Current economic conditions are increasing the financial pressures on businesses and emphasising the importance of good financial risk management, which could lead to greater demand for protection products.
Addresses customers’ needs
Designed for small to medium sized enterprises, this policy is available to sole traders, partnerships and limited companies and can provide cover for up to four key personnel.
CUSTOMER BENEFITS
Asset protection
A business’s reputation is among its most valuable assets and this product provides security should the unexpected happen.
Risk management
The business can be protected against the loss of any member of the team, from senior management to anyone whose skills are unique to the success of the business.