Can a UAE business insurance policy include coverage for key person loss due to resignation?

Some business insurance policies in the UAE can include protection for the loss of a key person, but coverage for voluntary resignation is usually limited and depends on the insurer.

The main points to keep in mind are:

• Key Person Insurance: This type of policy generally protects a business if a crucial employee leaves unexpectedly, causing financial impact.

• Limitations: Coverage may focus more on sudden death or critical illness rather than voluntary resignation.

• Check Your Policy: Always review your insurance documents to understand whether resignation is included and under what circumstances.

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