Key Man Insurance
This insurance covers disruption in business due to loss or impairment of Key employees or key persons. The aim is to compensate the business for losses incurred with the loss of a key income generator and facilitate business continuity..
Generally, in case of a partner or a shareholder, the proceeds can be used to buy back shares in the name of that individual.
In case any individual in your establishment is identified as a Key Person central to continued progress of operations, we shall be in a position to provide cover.
Buy a policy that fits into your budget and will address your short-term cash needs in case of tragedy..