People are the most important part of any business. Your team’s skills and experience keeps your business running smoothly. But what would happen if their expertise was lost?
The illness or death of a key employee can have a potentially disastrous impact on a business, such as:
- Loss of profit
- Reduced capacity
- Loss of key contacts or clients
- Reduced knowledge within the workforce
- The recall of loans
Our experts not only advise on putting the correct insurances in place, but we can ensure that they are regularly reviewed and updated to reflect your changing business.
Key Person Cover
We can arrange the most appropriate security for your business to provide for emergency costs, replacement employees and protecting your business moving forward.
We can develop strategies to allow shareholders to purchase or dispose of holdings belonging to a fellow shareholder in the event of their death. By surveying the whole of the market, we can implement cost effective cover to keep your company protected.
Tait Walker Wealth Management is a trading style of Tait Walker Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. Company Number 5674020. Incorporated in England.