Independent Financial Advice by Key Wealth Management

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0191 566 1984

Key Person Protection

As a business owner, you will no doubt ensure that your material assets such as building and contents are insured against loss or damage, but what about your staff?

If you lose one of your key employees as a result of serious ill health or death, this disruption could well have a direct impact on your profits. Therefore, it is important to consider implementing some form of partnership protection or key person protection, usually in the form of a insurance plan, to protect profits and ensure funds are on hand to cover the costs of finding a replacement.

It’s not easy to put a monetary value on a key person’s contribution to profits, so here at Key Wealth Management our independent financial advice experts are on hand to provide help and guidance in helping you select the correct level of cover.

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TTR Barnes Financial Services Ltd trading as Key Wealth Management is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales, Registered Address 3-5 Grange Terrace, Stockton Road, Sunderland, SR2 7DG. Registered Number 2048541.

The guidance contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK