Also known as ‘key man insurance’, this can compensate a business for financial losses arising from the death, or extended incapacity, of a specified employee or director.
This can provide a business partnership with the funds to ‘buy out’ or compensate the deceased’s dependants, should a business partner die.
In the interests of financial security, business stability and continuity, it is essential to provide a safety net following the loss of a shareholder.
| Indices | ||
| Value | Move | % |
| FTSE 100 | 8,646.79 | -55.20  | -0.63 |
| FTSE All Share | 4,666.50 | -31.43 | -0.67 |
| Currencies | ||
| Value | Move | % |
Data is compiled by Adviser Portals Ltd every 60 minutes. Information is not realtime. Last updated: 23/03/2025 at 10:53 PM