Key Man Income Protection
Many businesses have key employees who if they were taken ill or passed away, would have a detrimental impact on the business, like a loss of earnings or productivity.
Keyman Income protection is a temporary fix in this area designed to release funds so the business can retain profitability and trade even if the key person is ill. Like employ more staff, continuation of loan payments & finance and support stability of the business at large.
The great idea about this product is it can be used along side Executive Income Protection, because that is supporting the wages of; However, Keyman Income protection is supporting the business costs and stability of.
If you would like to find out more about this insurance protection, contact us today.