Commercial Advice
Key Person Insurance
Where an individual makes a significant contribution towards a company’s profitability, key person insurance, which must be taken out by the organisation not an individual, can protect against the loss of that individual.
The monetary value of a ‘key person’ is calculated by identifying the contribution to profit provided by the individual and the resultant lost profit the company would incur as a result of their death.
At First Action Finance our knowledge of this very specialist area is second to none. Our team of advisers will help measure the value of the ‘key person’ and will guide you to the right product for your business circumstances.
Call us now on 0207 580 7770 for advice or a quote or simply complete our online enquiry form – we aim to get back to you on the same working day.
Main Office: 84-86 Great Portland Street, London, W1W 7NR