So, which kinds of employee should Keyman insurance cover?
First on the list are the shareholders, directors and partners. Next, the employees who make decisions regarding the direction and the types of change needed for the successful continuation of the business. This is followed by the employee’s who bring in the money that ensures the business is always making a profit, and who are not easily replaced. And finally, consideration must be made regarding those employees who are essential for the smooth running of the company, such as the IT managers. If you are concerned with maintaining an effective business structure, you cannot afford to neglect the risks of losing key employees, Keyman insurance should be one of the primary considerations in the financial running of any sized company, in any business industry.
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