Key-man Insurance

People are a big part of any business and in some cases they are the lifeblood of the business, and there are those who are absolute rainmakers. These are the ones who directly contributing to the ongoing profitability, sustainability and growth of the business. The loss of a Key Person would be considered a high-risk situation for any business, large or small. Key-Person Insurances provides compensation to the for financial losses that would arise from the death or extended incapacity of an important member of the business.

What is it?

It can be argued that people are a business’s greatest asset. The key employees are largely responsible for the ongoing profitability, sustainability, and growth of a business. The loss of a Key Person would be considered a high-risk situation for any business, large or small. Key-Person Cover will ensure you are protected in this situation.

Who would be considered a Key Person?

Anyone who’s absence, through death or disability, would have a material effect on the future livelihood of the business.

Why do you want one?

The loss of a Key Person can have devastating effects on a business. You don’t want to be in the position where you don’t have coverage. Protect the dreams you have built.

Important to note

The loss of a Key Person can have a negative effect on the business. You could face:

  • A direct loss as a result of a decrease in sales
  • The high cost of replacing a skilled employee
  • The potential sales losses during this training time

Do you need it?

If you have your own business, you should consider getting coverage. Is the risk of losing the business worth not having protection?

How much does it cost?

The cost will vary depending on your situation, but it’s a cost effective and simple solution. It provides financial security and certainty for businesses.

How can we help you?

Contact Attooh to find out how we can protect your business and the people who are important to its success.

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