1.6 million SMEs hit by key person absence
Yet majority do not protect themselves
Just over 40% of SMEs think key person absence would severely impact their business, research reveals
Nearly three in 10 (27%) of small-to-medium enterprises (SMEs) surveyed by YouGov have witnessed a key person or employee miss work for a period of time - equating to 1.6 million businesses - research from Royal London has revealed. Despite this, more than 4.6 million SMEs (76% surveyed) do not have any key person insurance protection in place. The research also revealed that one in seven (16%) of all SMEs surveyed do not have any business protection in place at all. According to the survey,...
More on Individual Protection
WHAT, HOW, WHY? #3: Embrace the awkwardness
'These products sell themselves once they are explained the right way'
Aviva updates Covid-19 underwriting
‘Simplified journey’
Parents with young families 'need protection most'
HSBC Life study reveals
Case study: How signposting works in practice
'What about commission?'
David Mead Q&A: Why is signposting necessary?
How it is done and why it is so important
