What's putting you at risk?

We surveyed over 2,000 business leaders like YOU to identify the key risks you’re facing and created the UK Business Risk Report - full of practical insights to help you tackle them. Download your FREE copy today.

Key person protection

Key person and shareholder protection

Key person and shareholder protection

As a business owner, people are your biggest asset; and your biggest risk. Many business owners haven’t thought through what would happen in the event that something happens to a shareholder, partner or other key person within the business. We can help you plan for:

  • Loss of profits
    Over half of businesses think they would cease trading in less than a year if a key person died or became critically ill1.
  • Shareholder protection
    If your business partner was too ill to work, or died suddenly, it’s important to make sure firm control of the business is maintained.
  • Succession planning
    If you lost a key person in your business, how long would it take you to find a replacement? This loss could also result in damage to client relationships.

1. L&G Business Protection Report April 17

How we can help

Mercer Financial Planning have a dedicated team of Business Protection Advisers, with many years experience of helping business owners protect their businesses, key employees and themselves. 

From carrying out a business health check through to reviewing your current succession plan, we can ensure you have the right plans in place should the worst happen.

Get in touch with the Mercer financial planning team

Key person protection, shareholder protection, succession planning

Succession planning

Key people come in all shapes and sizes: business owners who set the strategic direction; people who have influence on profit, like sales or research directors; specialist employees; or people who have relationships with third parties like banks or suppliers. We can help you to put plans and protection in place to ensure that if any key people are lost, your future is secure.

Key person insurance, tax planning

Tax efficient solutions

We work with leading insurers to find optimum cover for your key people, and ensure that any paperwork and processes are completed as smoothly as possible. By putting a Business Will, in place in conjunction with appropriate protection, we can help you to ensure that shares and money end up in the right hands.

Management liability insurance

Management liability insurance

Get covered for directors’ and officers’ liability, employment practices liability and company legal liability under one simple but effective policy.