Keyperson Insurance

Hi everyone, I am back with Season 9 of the Practical Protection Podcast and we are taking a look at keyperson cover. Hopefully one of the simpler business protection policies that we can arrange, but I have certainly had some interesting conversations with people that don’t understand what this kind of insurance does. I remember quite a specific debate with a tax adviser who was saying their client needed keyperson cover because they wanted the tax advantages of the premiums, but what they needed the insurance to do was shareholder protection. I stood my ground!The key takeaways:Keyperson cover can be life insurance, critical illness or income protection.It is designed to protect the Company, not the individual or their loved ones.An explanation of the Anderson principles.Next time we will have Matt Rann back with us talking about hypertrophic cardiomyopathy and the options you might see for life insurance, critical illness and income protection options. Remember, if you are listening to this as part of your work, you can claim a CPD certificate on our website, thanks to our sponsors Octo Members.If you want to know more about how to arrange protection insurance, take a look at my 13 hour CPD Protection Insurance in Practice course here and 1 hour CPD Protection Competency Exam here.

Om Podcasten

When you set out to get things like life insurance, critical illness cover or income protection, many people do not think that they are going to hit any snags along the way. But! Insurance is a world of risk and there are times that a persons circumstances will make insurers sit back and have an extra think about offering the insurance. Why?! This podcast is designed to answer that why. Kathryn Knowles is joined by guests to bring a clear and open chat about how insurance works. Kathryn brings her experience as a "quirky" life and the voice of the consumer to the discussion. She does this alongside her work as a specialist adviser, who is known for insuring the uninsurable.