Key Person Income Protection

Key Person
Income Protection

If major talent within your business couldn't work due
to illness or injury, Key Person Income Protection could
protect against the financial impact.

Introducing Key Person Income Protection

No one can predict the future, but Key Person Income Protection acts as a failsafe if a crucial member of your team is out of action. Find out how Key Person Income Protection insurance can give your business much-needed stability at a difficult time.

What is Key Person Income Protection?

Key Person Income Protection is a type of business protection insurance that safeguards a company against the financial impact of a key employee being incapacitated due to illness or injury. In exchange for your premiums, your business will receive a monthly benefit if you ever make a valid claim on the policy.

What does Key Person Income Protection cover?

‘Key man’ income protection pays for the peace of mind in knowing that your business can continue its activity when a key man or woman is unable to work. Here are just some of the ways you could use your Key Person Income Protection benefit:

  • Hire a temporary replacement employee
  • Protect a proportion of profits
  • Help with business loan repayments.

Customer Contact

To discuss our Business Protection Plans, call us on 0800 197 9208.

Lines open 9am to 5pm Monday to Friday.

We may record and monitor calls.

Alternatively, email us on

Looking for the adviser centre?

If you are an adviser looking for support for your clients, our adviser and wealth management centre can provide all the information you need.

Key features and benefits

Designed to help small businesses

Reduces the impact of the incapacity of the key employee on the business at what would otherwise be a time of financial worry.

Fast underwriting decisions

Approximately 82% of underwriting decisions are instant.

Includes Waiver of Premium

You won’t have to pay your premium while the benefit is being paid.

Navigate financial uncertainty

Cover can go towards loan repayments, protecting lost profits or to hire a temporary replacement employee.

Return to work support

We’ll continue to pay a proportion of the benefit if the employee returns to work at reduced capacity.

Protect against inflation

Option to choose increasing cover, which increases in line with the changes in the Retail Prices Index.

Speak to a qualified financial adviser

You can call our team on 0800 197 9208 from 9am to 5pm Monday to Friday (note - we may record and monitor calls), or email us at We’d be delighted to advise you on how to protect your business’s financial future.

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