Key man insurance is a type of life insurance policy that companies purchase on the life of a founder, owner or critical employee. It’s also called key person or key employee insurance.

Key man life insurance helps companies reduce the risk of business disruption by paying a death benefit if a critical employee passes away. It is also called key person life insurance. A key man ...

Businesses in the Gulf countries need to pursue the ‘keyman’ Insurance, which could become a mandatory requirement for securing bank loans in future as it helps re-assure lenders of the ...

A keyman insurance is essentially a term insurance that a firm buys on the life of its key executives. In case of death of the insured executive, the firm receives a lump sum death benefit.

Keyman insurance is a pure term insurance plan taken by a company for its key employees whose premature death would cause a financial loss to the organization. The premium on such policies has to ...

A lot of expenses may have to be incurred to properly train a future ‘Key Man’. Insuring lives of key persons Does the insurance industry have any solution to manage such risks? Yes ...

I read a recent article on Partnership Insurance and a colleague mentioned to me that I should be considering Key Man Insurance in relation to my business. Is this the same type of insurance?

Key man insurance is a type of life insurance policy that a company purchases on the life of a founder, owner, executive or other essential employee of a business. Key man insurance can be ...