KeyMan Assurance Plan

This policy provides cover against the loss of profits or financial loss a company may suffer on the death of a key employee/senior executive that is critical to the continued existence of the company and whose death or incapacity would create a serious loss to the company. The policy pays a lump sum on death or critical illness of a Keyman during the term of the plan.

  • The proceeds could be used to buy out the shares from the deceased shareholder/partner.
  • It provides lump sum payment on death or critical illness of a keyman during the term of the plan.
  • It may be used to ensure that there are funds available to the remaining shareholder/partners, to buy the shares/interest from the deceased’s estate
  • May be extended to cover named critical illnesses.
  • You are eligible to take up this plan if you are under the age of 65.
  • It repays the schedule outstanding loan if the assurance is connected to the loan procured by the key person.

Please do not pay cash to/through our Financial Advisor or staff.

  • Premium can be paid through the following channels:
  • Complete a direct debit form
  • Complete a standing instruction form with your bank
  • Electronic transfer from your account to our account
  • Deposit into our bank account
  • Please include your name and policy number on all payments.

Please do not pay cash to/through our Financial Advisor or Staff

Other Product

Tuition Protection Plan
Tuition Protection Plan is specifically designed to guarantee the completion of a child’s education…

Press like to get our latest offers on Facebook