Key Man Insurance Specialists

Key man insurance protection and shareholder cover is a policy to protect your business against the loss of a key worker due to ill health or death. We are whole of market brokers which allows us to compare insurance companies in the UK against each other for price and suitability. We will endeavor to offer you the lowest cost on the market and will beat any equivalent insurance quote!

What is Key Man Insurance?

Key man life Insurance is a policy taken out to protect your business against the financial repercussions of loosing an valuable employee due to critical illness, ill health or death. Many large business's will already have these protection policies in place. But small to medium size companies tend to overlook this insurance or do not even know it exists. Business’s don’t think twice to insure their important equipment. But for some reason do not think to insure the most important part of their company, “the key workers” until of course its too late.

Types Insurance you may need to think about.

A key person insurance policy will provide an income to the company whilst the key person is away,
A policy to protect profits that may see a serious fall without that person.
An insurance policy to provide monies to the remaining directors, shareholders or partners in order for them to buy out the share’s from the original owner.
Key person insurance for anyone involved in guaranteeing business loans.

Who Are The Key People?

The people who drive the business.
The people without whom your business would loose sales and profits.
Directors, Partners, Shareholders
Integral managers, or key IT development specialists etc.

Insurance to Protect Your Profits

The damaging effect of loosing your key person could go well beyond just the cost of a replacement. They could be the sole reason your company is doing so well.

Profit Graph For Policies

Protect Shareholders Partners Or Directors

Families of the deceased may want to sell their stake in the business to someone unfit to hold such a high position within the company. Insurance policies can be set up to provide the necessary finance to buy the shares from the original shareholder or their family.

Protect against those who maybe liable for Personal Guarantees

Business’s loans will often require a guarantee by a director or shareholder to put charge on their personal property. Key Man Cover can provide a structured to pay off this loan, free the business and possibly the family from this financial burden.

FSA details

MyKeyManInsurance.co.uk is a trading style for web site use only of Diesel Mortgage Solutions. Diesel Mortgage Solutions is a trading style of Diesel Financial Management Ltd which is an Appointed Representative of Personal Touch Financial Services Limited which is Authorized and Regulated by the Financial Services Authority.

Registered Office: 01 Nelson Street, Southend On Sea, Essex SS1 1EG Registered in England and Wales No. 00634631

Call 01702 219560

Contact Details

Company Name:

Contact Name:

Phone Number:

Email Address:

Key Person Details

Full Name:

Date of Birth:

Smoker: Yes or No

Occupation:

Insurance Amount:

Any other info:

I/we expressly consent to be being contacted without prior notice or arrangement by using the contact details. I/we have provided on the form and further consent that such contact may be in relation to (a) my/our mortgage arrangements and/or (b) protection insurance.

Example Companies