When operating a limited company it is vital to consider whether your company and the individuals operating through the company need to place any insurances. The need to place insurance may be due to a legal obligation, a contractual requirement or indeed simply due a personal need.
Key Man Insurance
Key Man Insurance allows you to cover key members of your staff or management team, key members whose disability or death could cause harm to your company. A sole director and employee of a PSC may find such insurance crucial as the business may not be able to continue if they are inactive.