Covering the key people

This webinar focuses on protecting a business against the financial impact of the loss of a key employee with Key Person cover. With this protection, you can reliably protect the business’s ability to trade, repay debts, replace profits and even cover expenses for replacement staff.

To help advisers offer this valuable solution, we’ll explore how Key Person Protection is written, the levels of cover available and the tax considerations. We’ll also begin to discuss the value of Key Person Income Protection.

Learning objectives:

Understand how to guide your client through the process of agreeing suitable levels of cover by using tools and calculators
List the financial issues a business could face in the event of losing a key person
Explain the process of making a claim, and what to consider when assessing the impact of illness, injury, or diagnoses on a client’s ability to work.

This is a live webinar and will last approximately 45 minutes. It is CII-accredited for structured CPD.

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