AEGON Scottish Equitable key person protection benefit from the Business Protection menu is designed to offer a company a degree of financial security if a member of staff vital to its cash flow and profitability dies or is absent through ill health for a long period.
The benefit paid out can offer invaluable help in tiding the company over a period of reduced income, or it can be used to fund a temporary replacement to maintain the company 's economic performance.
What sort of companies is it for?
The cover can be arranged to meet the individual needs of all types of companies. You can choose both the type of policy, with life cover, critical illness protection and income protection available, and also the term of the cover.
This, together with the flexibility in the level of benefit you can choose, allows you to compensate for unforeseen events that could cause damage to your business.
How it works
Key person protection – find out what it’s all about.
Common questions
Got some questions? Find answers here.