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 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.
