We want to ensure that you fully understand how our investment service is provided to you and the terms and conditions of the service. Please ensure that you review the documents below before you take out an investment with us. Thank you.

Key Facts about our Services and Costs

Terms of Business

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What is Key Person Insurance?

Key Person Protection (Profit Protection) helps safeguard a business against the financial effects of death, terminal illness, or critical illness* of a key person.

The loss of a key person may have a negative impact of the profitability of the business through reducing sales/turnover, wasted time, recruitment costs, and the disruption of development plans or increased workloads for the remaining staff.

Key Person Protection (Profit Protection) is life assurance or life assurance and critical illness cover (if chosen) written on the life of the key person but owned by the business so that any money due becomes payable to the employer. The business pays the premiums. This applies to both Limited Companies and Limited Liability Partnerships. With a partnership, the policy is written on an own life basis and may be placed in trust for the benefit of the other partners.

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