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Financial Services


Also known as key woman or key man insurance, key person insurance protects your most important asset. Your people.

RBIG Key Person Insurance Solutions

The success of your business relies upon the dedication and acumen of its senior figures, so it makes sense to protect against their loss through illness or death with key person insurance.

After all, if your insure your buildings and equipment, why would you not cover what is arguably your most coveted asset: the people upon whom you and your business rely?

How badly would your productivity and profitability be affected if a crucial member of staff were unable to work for any length of time? What if they couldn't return? How much would it cost you to replace them, either temporarily or permanently?

This is where key person insurance (also known as key man or key woman insurance) can provide invaluable financial support, a lump sum payment to help cover both lost profits and costs associated with recruiting a comparable replacement.

Our Key Person protection cover options

Our expert financial advisors can arrange key person insurance as a standalone life assurance policy, or combined with critical illness or income protection insurance.

In addition to covering losses incurred if a specified staff member is unable to work through diagnosis of a covered illness, they can  arrange: 

  • Personal loan guarantees for directors or officers who guarantee business loans or other lending facilities
  • Shareholder protection insurance
  • Partner protection insurance

RBIG's Key Person insurance service

There are a number of factors you should consider before taking out key person protection, including the tax implications.

Our consultants will be pleased to offer advice on how you may be able to claim tax relief on your premiums should you be able to meet certain criteria.

If any of your key employees are also shareholders they can also guide you through the tax planning implications and, given they may receive both salary and dividends, inform you of how best to calculate the cover required.

They will also be pleased to offer a dispassionate and impartial opinion on those staff members whom it may be wise for your business to cover and the level of insurance required.



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RBIG’s extensive experience, professionalism and commitment to service excellence provides welcome reassurance that you’ll benefit from the best advice, cover and price. It’s insurance expertise that puts you at ease.
’One stop’ for all your insurance needs
Experienced and expert in the provision of general business insurance, our dedicated team also boasts a broad range of sector-specific specialisms.
A proven pedigree
We’re proud to have served the business community for 40 years. Our proven pedigree enables us to provide clients with time-tested risk management strategies to best protect their corporate assets, liabilities, profits and investments.
The trusted choice for business
Our clients trust and rely on us to arrange affordable and effective protection for their vital corporate assets, commercial vehicle fleets, private cars, key people and more.