WHAT IS KEY-MAN INSURANCE?
Keyman insurance is one of the most overlooked insurance policies for businesses - but also one of the most important. As a business person you might have public liability insurance and your buildings, stock and vehicles will be insured. You may even have professional indemnity insurance and legal cost insurance.
But what about if you were to lose one of your key employees or even the boss? This is what Keyman insurance protects against.
The insurance is designed to financially protect a business from the effects of prolonged illness or even death of staff who are central to the prosperity of the company. The insurance can't replace people but it can provide cash to buy time and cover the costs of temporary staff, recruitment, loss of profits or provide a cash injection.
Key man insurance is a specialist area and to ensure you get the right advice please contact us on 0844 800 4301 (local rate) and our qualified advisors will talk you through how it works. Alternatively use the 'contact us' page and we'll get in touch a a time that suits you.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independant ombudsman. Our advice is covered under the Financial Ombudsman Service (http://www.financial-ombudsman.org.uk/consumer/complaints.htm). You may be able to submit a claim through the EU Online Dispute Resolution Platform (https://webgate.ec.europa.eu/odr/main/?event=main.home.show if you live outside the United Kingdom or if you prefer not to deal directly with the Financial Ombudsman Service.)
The overall cost for comparison is 8.7% APR for customers who may have their access to credit restricted.
FX Mortgages is an appointed representative of Mortgage Intelligence Ltd which is authorised and regulated by Financial Conduct Authority under number 305330 in respect of mortgage, insurance and consumer credit mediation activities only.