Losing crucial staff can be disastrous and adversely affect your business’ sales, profits and ability to operate efficiently. Taking out key person protection insurance is a way to ensure your business is prepared for the loss of a key director or employee, should they fall seriously ill or pass away.
The firm of independent financial advisors that we work with, Pareto Financial Planning, can work with you to identify an approach that will meet your needs. Having the right arrangements in place will allow your business to focus on getting over the shock of the event, rather than desperately scrambling to mitigate the potential fallout.
Pareto Financial Planning’s independent status means they can offer impartial advice on how best to protect your business while it recovers from the loss of a key staff member.