Sometimes, the most critical assets we have in our possession are the people that make our businesses operate every day. The loss of even one key individual can slow down or even halt production entirely until a new person can be trained. And in that time span, a company may lose millions of dollars, and may never reach the same level of production or sales again.
For all of the above reasons, Keyman Insurance may be your first and last defense against a catastrophic loss of an essential employee. Keyman Insurance allows a business to:
- Insulate itself against the illness or death of an essential employee
- Buy out the shares retained by a deceased partner
- Use funds in the instance of an outstanding financial agreement or business loan
- Quickly identify and train another individual for the essential position
- Reduce losses incurred by loss of sales and/or profits
To request an indicative quotation on Keyman Insurance products or for more information please complete the form below and a Qualified Regulated Expert will contact you.