Key Person Insurance

Directors and employees with highly specialist skills or knowledge are key employees of the companies they work for. To lose one as a result of a critical illness or death can be damaging to the business. That is why taking out Key Person insurance to protect the company is a wise move.

Key Person insurances can provide several benefits. These can include:

  1. Paying the costs of a temporary replacement
  2. Meeting the costs of recruiting a permanent replacement
  3. Covering the cost of death or incapacity of a key member of staff.

The full scope of cover will depend on the type of policy purchased but companies ignore the risks of losing key staff at their peril. Shareholders, bank managers, suppliers and customers may not be so laid back.

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IF PREMIUMS ARE NOT MAINTAINED, THEN COVER WILL LAPSE.

THE POLICY MAY NOT COVER ALL THE DEFINITIONS OF A CRITICAL ILLNESS. FOR DEFINITIONS PLEASE REFER TO THE KEY FEATURES AND POLICY DOCUMENT.

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A LIFETIME MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. TO UNDERSTAND THE FEATURES AND RISKS, ASK FOR A PERSONALISED ILLUSTRATION. EQUITY RELEASE WILL REDUCE THE VALUE OF YOUR ESTATE AND MAY AFFECT YOUR ENTITLEMENT TO MEANS TESTED BENEFITS.

What were the circumstances that caused you to initially look for an adviser?
For our mortgage application

How has Jenny Whyte helped you?
With the mortgage application and made the entire process so much easier and speedy.

Have you seen the outcome you were hoping for?
Yes we were able to purchase our property within a two month period

What could they have done better?
Nothing as Jenny was excellent and I have since referred her to others

Jenny's reply
Thanks Linda and for recommending me to your friends! I will be in touch soon to discuss your remortgage.

Review from verified client
London - June, 2023

How We Can Help.

See below for the services we offer

Mortgages

Whether you're a first time buyer, looking to remortgage or buy-to-let, we can help.

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or call us
07855 767968
 

07855 767968
21 Otteridge Road,
Bearsted,
Maidstone ME14 4JR.

jenny.whyte@roseacremortgages.co.uk