Key person / business interruption

Key-person and business-interruption insurance protects the company against financial losses from a forced stop in activity — fleet downtime, incapacity of a director, site interruption.

Key-person cover indemnifies the company if a director or someone on whom the business heavily depends (death, disability, prolonged incapacity) can no longer work, while the company reorganises. Business interruption covers lost earnings when a claim prevents normal operations — a fire that grounds part of the fleet, a site stopped after a major incident.

It is a strategic product for SMEs and mid-market firms that rely on a small number of key people or assets — a very common profile in transport and construction.

McLer helps leaders quantify their real exposure before sizing this cover, which is often underinsured for lack of a precise risk assessment.