Keyman
All businesses have key personnel who are an essential ingredient to success and profitability. Small enterprises may be entirely dependent upon equity partners and other accomplished employees, and should they die or fall seriously ill, this could spell the death of the organisations.
A keyman policy will insure these key people – frequently the most difficult and expensive of all company assets to replace – and help you secure the future of your business.
Insurance payments can be used to cover the immediate loss of fee earnings caused by the sudden absence of a key person and expenses associated with finding, hiring and training a replacement partner.
Payments can also pay off debts, distribute money to investors, pay severance to employees and help tie-up other business matters.
Call the commercial insurances team now for a quote on 01606 352035 or email nickcosh@pmihealthgroup.co.uk
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Insuring against the loss of our partners is vital and Keyman cover from PMI Health Group protects us against unforeseen risk. The group’s consultants have demonstrated efficiency, professionalism and considerable influence with providers in the 10 years we’ve worked with them. 
