Keyman Insurance

Benefits of Keyman Insurance

  • It protects against business risk in the event of unfortunate death of the key person.
  • The morale of the key employee is boosted. He/she feels important.
  • It helps in keeping the market price of the company’s shares stable in case of death of the keyman.
  • It protects the company’s valuation.
  • Disruption of lines of business credit due to the death of the Keyman can seriously affect the business. Here, the insurance money can help as a guarantee of loan repayment in case of death of the key person.

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