Key person income protection insurance
Get key person income protection cover to protect the risks of life.
Talk to one of our key person income protection brokers and get a free quote today.
Key person income protection insurance is a type of business insurance that protects against the loss of income from the death or disablement of an employee who is critical to your business.
This type of insurance can be used to protect key employees, such as senior managers, directors or company owners.
It is often referred to as ‘key man’ or ‘key woman’ cover.
Additionally, if your partner dies, this coverage will also help cover the cost of continuing your life without him or her.
Key person income protection insurance is a type of insurance that can help an organisation out financially if a key person dies or is gone for a long time.
The benefits of this type of insurance are that it can help protect an organization’s future, and it can help the company keep its staff happy.
Key person income protection insurance is a form of business insurance designed to protect the company from the loss of an important employee.
The loss of a key person can have a negative impact on the company’s performance and profitability. It may also result in other employees leaving, which can lead to the business becoming unsustainable.
If you own or manage a business, it is important that you are aware of this risk and take steps to mitigate it.
As such, key person income protection insurance can be an effective way for any company to protect themselves against this risk.
The cost of this type of insurance varies depending on the size and riskiness of the business, as well as on how much cover is required.
Key person income insurance is an important safety net that safeguards your business in the event of a sudden event.
We offer one-on-one consultations with our advisors, who are always willing to answer any questions you may have about key person insurance.
If you are a business owner, Count Ready can get you the best key-person income protection cover. We give your business complete protection, which was made to cover your business’s financial risks if you lost a key employee.
Count Ready offers the best prices on key person income protection insurance in the market, so whatever your budget is, we will find a plan that meets your needs.
We know that every business is unique and as such, we will work with you to tailor a package that suits your business needs and budget.
No matter how big or small your company is, there’s always a risk that one of your employees will suddenly be unable to work due to illness or injury. The key person income protection insurance policy provides for these contingencies by protecting the company against this eventuality and ensuring that any new employee will have all the resources they need in order to make the transition as smooth as possible.
Knowing that one of your employees’ health may not be good enough to work is never easy, but having adequate key person income protection insurance means that they will receive the much-needed income should they be unable to work. This policy also includes a lump sum benefit in the event of death or disability, allowing the company to continue operating normally.The only thing you have to do is decide when to turn it on, and the benefits will be there when you need them.
We get it, you’re the heart of your business. You care deeply about your employees, vendors, and customers. But what happens when you’re the one who can’t take care of it?
The key person insurance plan is designed to protect your company and employees from the unforeseen event of key person loss. It provides an income in case of an untimely death or incapacitating illness.
Take care of your people. You’ll sleep easier knowing that your employees are also taken care of in case something unfortunate happens to you or your family.
The risks of hiring new employees can lead to a loss of productivity and revenue, so we protect your interests with a KIPI policy. It will provide an agreed compensation package to the new hire and make sure that their salary is up-to-date until they are ready to take over from the outgoing employee.
Related policy: Business loan protection cover.
We are a hybrid mortgage broker and protection adviser. However, we want to make it clear that we do not have physical branch offices everywhere in the UK. You can get our services over the phone, online, and face-to-face in some circumstances.
Please keep in mind that while we may not be local to you, we may still assist you. Imagine if you had a long-term health issue that needed to be addressed. Would you rather have the person who is closest to you or the person who is the best? Now is the moment to put that critical thinking to work in your search.
Legal
Count Ready Limited is registered in England and Wales, No: 10283205. Registered Address: Unit 10, Robjohns House, Navigation Road, Chelmsford, England, CM2 6ND.
Count Ready Limited is an Appointed Representative of Connect IFA Limited 441505 which is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register (https://register.fca.org.uk/s/) under reference: 976111.
The FCA do not regulate some forms of Business Buy to Let Mortgages and Commercial Mortgages to Limited Companies.
The information contained within this website is subject on the UK regulatory regime and is therefore targeted at consumers based in the UK.
We usually charge fees of £595 on offer, but we will agree to our fees with you before we undertake any chargeable work. We will also be paid by commission from the lender.
Commission disclosure: We are a credit broker and not a lender. We have access to an extensive range of lenders. Once we have assessed your needs, we will recommend a lender(s) that provides suitable products to meet your personal circumstances and requirements, though you are not obliged to take our advice or recommendation. Whichever lender we introduce you to, we will typically receive commission from them after completion of the transaction. The amount of commission we receive will normally be a fixed percentage of the amount you borrow from the lender. Commission paid to us may vary in amount depending on the lender and product. The lenders we work with pay commission at different rates. However, the amount of commission that we receive from a lender does not have an effect on the amount that you pay to that lender under your credit agreement.
Disclaimer: All content on the Count Ready website can only ever provide general information and does not constitute financial advice. For this reason, we always recommend that you speak to authorised advisers for your needs. (Please be aware that by clicking onto any outbound links you are leaving the www.countready.co.uk. Please note that neither Count Ready or Connect IFA are responsible for the accuracy of the information contained within the linked site(s) accessible from this website.)
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