SERVICES WE OFFER
KEYMAN
INSURANCE
Is beneficial to individuals whose business would suffer if a Key Person associated with it were to die or be disabled and unable to continue as an employee of the company.
ENSURE CONTINUITY WITHIN YOUR BUSINESS
This is beneficial to individuals whose business would suffer if a Key Person associated with it were to die or be disabled and unable to continue as an employee of the company. This ensures that surviving individuals and/or partners can continue operating smoothly in the event of the death of a key member of the business.
Assists in overcoming emotional trauma
Helps smooth over financial problems that may result from the death of a key person. This ensures continuity within your business and ensures that clients, customers, and
staff will not be left stranded
It assists you in continuing an effective management structure within the company.
A new Key Person will assist in executing plans as effectively as before.
Benefits of having keyman insurance:
Contact Capitalise Wealth Management today to get your plan on track…
Businesses have an important employee who is integral to their success and survival. This may be a proprietor’s right-hand man, a long-serving manager or another key individual whose loss could have severe consequences for the business.
A Key Person is insured for a specific Rand value. By having cash to replace the key individual, the business continues to run smoothly because there will be no disruptions caused by the death or disability of that key person.
How it works:
Can offer Key Man Insurance that will protect the business in the event of death or disability to a key person, whether by accident or illness.
The size of the Key Man Insurance benefit is usually based on value of the specific individual to the business. This ensures that following the death or disability of the insured person, your business can continue to run smoothly by having an uninterrupted cash flow.
QUESTIONS & ANSWERS
WHAT DOES KEYMAN INSURANCE MEAN?
Keyman insurance is defined as an insurance policy where the proposer as well as the premium payer is the employer, the life to be insured is that of the employee and the benefit, in case of a claim, goes to the employer.
