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Important Person Insurance

  • 27-06-2017 8:35am
    #1
    Jonny303
    Registered Users, Registered Users 2 Posts: 634 ✭✭✭


    Hi,

    Quick query for anyone in the know.

    I have a ltd company of which there is two employees (me and another). Is it possible for the company to insure for one of us getting injured/sick and unable to work?

    Income protection is not really what I am looking for as it will only pay out at the salary rate which is not much good to me as I don't take a hugh salary, I plough most of it back into the business. However, if I or the other staff member are not there, it will cripple company earnings.

    Any advice?


Comments

  • #2
    dbran
    Registered Users, Registered Users 2 Posts: 2,094 ✭✭✭dbran


    Hi there

    I think it is called Keyman insurance if you google it you will find further details.

    dbran


  • #3
    Jonny303
    Registered Users, Registered Users 2 Posts: 634 ✭✭✭Jonny303


    Perfect, I knew there was a product but couldn't find the name


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