Lycetts Financial Services

Key Person Insurance

Protecting against the loss of key individuals through key person insurance could save a company from commercial disaster.

Smart businesses recognise the importance of protecting themselves against the loss of critical people. Through death, illness, or an injury, companies can lose the brains and networks that make their businesses competitive in the marketplace. From technical specialists with unique knowledge of a product or service, through to the people who manage complex legal and financial matters, key people make a business successful and their loss can severely disrupt operations.

 

At Lycetts, we help companies identify the biggest human resource risks to their business and design insurance products that meet their commercial risk requirements. Our cover draws on the best insurance in the marketplace and provides financial support should a company need to replace a key member of staff, boost cash flow, or provide a short-term capital injection to minimize business disruption.

 

Let us identify a key person insurance policy that is perfect for you by contacting us now.

Get in touch

We’ve offices located all across the United Kingdom

And we’re always available for you by telephone or email whenever and wherever you need us.

Contact our expert directly or alternatively complete your details below to contact the team.

Simon Landale

Newcastle

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Our People

We provide our clients with more than just insurance solutions.

Our experienced staff understand your needs.

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Simon Landale 3

Simon Landale

Director

Clayton Kopko 3

Clayton Kopko

Systems Manager

Allison Spragg 3

Allison Spragg

Para Planner

Ros Beddie 3

Ros Beddie

Pension Administrator

Sam Moore

Independent Financial Adviser

Lycetts Insights

Lycetts Insights provides updates on topical issues and key events.

Read more about developments both in insurance and at Lycetts.

HI TECH SPORTS EQUIPMENT AND THE RISK OF UNDERINSURANCE

May 26, 2017

The thing about sports equipment and accessories is that we tend to buy things one at a time and do not always realise their accumulated value until it is too late. Underinsurance is therefore a significant risk.

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Key person insurance

May 22, 2017

According to research by Legal and General, 40 per cent of small businesses would cease trading within a year if they lost a key person. The smaller the business the more impact the loss of an individual will have. There are ways to mitigate such a loss and the most simple is Key Person Insurance (KPI - also known as key man...

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LYCETTS LOCATIONS

Our Offices

  • Newcastle

  • Edinburgh

  • Exeter

  • London

  • Marlborough

  • Newmarket

  • Norfolk

  • Oxford

  • Shropshire

  • Surrey

  • Sussex

  • Yorkshire