Keyman income protection is an insurance policy where the life to be insured is that of the employee. The proposer and premium payer will be the employer and in the case of a claim, the benefit will go to the employer. Keyman income protection can be the key to ensuring your business avoids disruption.

For example, a small dental practice with 2 dentists and their administrator Sarah, has been running for 10 years. Sarah is in charge of the computer system, organising all of the client data and all of the customers make lovely remarks about how lovely she is. When Sarah goes away on holiday, the two dentists struggle with the computer system so when she comes back, they are overjoyed. Unfortunately, Sarah suddenly passes away and the dentists are left to deal with their new computer system themselves. While they struggle to get acquainted with the system, they miss a few of their appointments and word gets out surrounding the dramatic drop in customer service. In order to keep up with demand, they hire someone after a few brief interviews, however, after a few more weeks of trouble, the new appointment does not work out.