Key man insurance policy

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8 Points Posted on 03 April 2020
is key man insurance policy compulsory for any type of company?
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On 03 April 2020 at 12:22 Report
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This discussion clarifies that key man insurance is not a compulsory requirement for all companies in the UK. While not legally mandated, it is highly recommended as a prudent measure to safeguard businesses against potential future financial challenges arising from the loss of a key individual.

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"Do the Right Thing...!!!"
128157 Points Posted on 03 April 2020
Compulsory..?!

I don't think it's compulsory...
But, It's advisable to companies for future problems.
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On 03 April 2020 at 14:20
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Consultant
1891 Points Posted on 03 April 2020

No its not compulsory. 

It depends upon the policy of the Company. 

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On 03 April 2020 at 15:41

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