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..
Business can be put in serious
jeopardy by the death of a key
employee, a partner or key
shareholder. It is possible to
insure against death or illness of
key persons in the organization
whose continued presence is
essential for continuance of the
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..