Key Man Insurance

Keyman Insurance

People are at the heart of any business. The loss of a key person can affect the company’s turnover, generate profits and can even threaten the viability of a business.

If a key person dies, is diagnosed with a critical illness or is unable to work for a short or long period due to illness or injury, there can be far-reaching problems:

  • Loss of profits
  • Loss of professional expertise that can affect your competitiveness
  • Loss of years of personal contacts and goodwill
  • Loss of customers to a competitor
  • Cost to replace the key person (recruitment and training)

We can provide you with tailor-made solutions to protect the key person and ensure your business will be compensated for the financial loss incurred due to the death or extended incapacity of the key person by advising you the best plan that meets your budget and covers the risk adequately.