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| Key Man Insurance |
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This insurance covers disruption in business due to loss or
impairment of Key employees or key persons. Business can be
put in serious jeopardy by the death of a key employee, a partner
or key shareholder. It is possible to insure against death or
illness of key persons in the organization whose continued presence
is essential for continuance of the operations. Generally, in
case of a partner or a shareholder, the proceeds can be used
to buy back shares in the name of that individual. In case any
individual in your establishment is identified as a Key Person
central to continued progress of operations, we shall be in
a position to provide cover.
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