Keeping a business healthy
If a key person needs time off work due to illness or injury, we’ve launched a product that’s here to help. By providing protection to the business and support to the employee, our new Key Person Income Protection could provide a regular monthly benefit to a business in the event of the illness or injury of a key employee at what would otherwise be a time of financial uncertainty.
It could be used for one of the following business needs;
- Helping to protect lost profits attributed to the contribution of the key employee
- Meeting the cost of a temporary replacement employee
- Supporting ongoing loan repayment related to the contribution of the key employee
