At Lycetts, we understand that people are often a businesss greatest assets. For any company whose future relies on a handful of critical staff, business protection insurance safeguards corporate debt and ensures that the cost of replacing key individuals is covered. It can even provide the capital to allow surviving business owners to purchase a deceased directors share of the company.
We are also experts in advising companies on executive wealth management, with extensive experience working with senior management teams to create the best packages for key staff.
Lycetts prioritises mutual benefit and business continuity when advising clients in this area. We ensure that the policy and structure are set up to cover all potential risks, and that the businesss longer term interests are satisfied. We offer tailored packages in: key person insurance; partnership and shareholder protection; executive protection; and executive wealth management.
Read more about all of our business protection insurance options online now, or contact us to discuss the best package for your company.
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"Companies can be hit hard by the loss of a key member of staff perhaps someone with specialist knowledge or commercial relationships. We are specialists in creating bespoke insurance products for companies who want to make provision for the permanent or temporary loss of a key person, as well as retain control of their shares in all circumstances.