SMEs fail to protect themselves against loss of key workers - Scot Prov

Over half of small to medium size business (SME) owners fear the impact of the death or serious illness of a key employee to the future of their business, according to Scottish Provident's Business Protection report. However few companies are protecting themselves against the risk of such serious impacts. It revealed that 56% of small business owners felt the death of a key employee would have a very severe or serious impact on their company. This was mirrored by 54% stating there would be severe problems if a key employee contracted a serious illness that put them out of work for ...