Keyperson / Shareholder / Partnership Protection / Relevant Life

A business is a livelihood for so many people within its organisation, and a business’s most valuable asset is its people.

A business may want to protect the key employees within its firm – perhaps the key salesperson, the Directors or the IT manager, without whom the business would not function properly.

Keyperson / Shareholder / Partnership Protection can provide a fixed sum should the individual be unable to work due to sickness or injury, or even death. The benefit will be designed to cover the firm’s expenses in meeting any emergency costs, recruiting a replacement employee and protecting the future of the business.

Relevant Life, on the other hand, is useful for Directors or other employees of the firm, where the business would like to insure against their sickness, injury or death and pay out the benefit to the employee themselves or their spouse. This is similar to Death-in-Service benefit. It also brings with it potential tax benefits.

At Greenfields, we use our expertise and grounded, down to earth approach to discuss your potential areas of need and walk you through all available options. We can tailor the right solutions for you and your business and ensure you are receiving the best possible value for money and the correct cover for your current and future business needs