Zurich: SMEs 'taking a gamble' without key person cover

The lack of cover is at odds with an awareness among business chiefs of the problems that could ensue if key people were no longer able to work at the firm. Zurich's SME Risk Index, which polled 513 senior decision makers from SMEs, found 56% believed the death or critical illness of business owners is the biggest risk to a company's long-term success. Meanwhile, 45% highlighted the death or critical illness of key employees as a major risk. Half of the respondents who said that the death or critical illness of a business owner or key employee would have a negative impact on the bu...