Client Login
Get in touch
Find an adviser

Contact Mattioli Woods

For more information or to arrange a meeting to discuss your specific needs, please contact us via email at hello@mattioliwoods.com, or alternatively, please call us at 0333 034 4110.

    I'm happy to receive marketing materials
    I consent that my data will be handled in line with our Privacy Policy.

    Find your adviser

    For existing clients, please search for your consultant “by adviser”.

    New to Mattioli Woods? If you have been recommended a specific adviser, please search by adviser. You can also search by service or by location.

    Get in touch

    Home / Services / Business Protection / Taking care of staff

    < Back

    Taking care of staff

    Many businesses have a staff base that they have put many years into cultivating and developing.

    Taking care of staff

    A group life plan or death in service benefit, and income protection for staff provide them with a safety net that is cost-efficient for you.

    This is often set up to allow a member of staff to receive a multiple of their salary as life assurance or an ongoing level of income, should they be taken ill long-term.

    In some companies, it could be that one member of staff is indispensable. Key person insurance can protect the business, should that member of staff be lost, providing a cash sum to hire a replacement or to cover lost revenue and potential profits.

    In cases where cash flow is tight for a company, it could be that these costs are a step too far. But would losing staff cost the company more in the long-term?