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Home > I'm a Business Owner > Business Insurances > Keyperson protection
Keyperson Protection
This cover provides you with a lump sum payment in the event of death, incapacity or diagnosis of a trauma to a keyperson, for the purpose of:-
As a business owner you should consider the use of life insurance to compensate the business for any financial impact as a result of loss – through death, incapacity or trauma – of any of your key employees who are responsible for the ongoing success of the business.
This cover provides you with a lump sum payment in the event of death, incapacity or diagnosis of a trauma to a keyperson, for the purpose of:-
- Providing funds for additional costs of recruiting and training a suitable replacement
- Assisting the business to clear or reduce business-related liabilities
- Providing Financial, Emotional and Market stability within the business whilst restructuring is taking place.
To discuss your protection requirements, please contact Kevin Bettman or book an appointment.
This information is of a general nature only and has been provided without taking account of your objectives, financial situation or needs. Because of this, we recommend you consider, with or without the assistance of a financial adviser, whether the information is appropriate in light of your particular needs and circumstances.
| PrimeWealth Pty Ltd is a Corporate Authorised Representative and Corporate Credit Representative of Securitor Financial Group Ltd ABN 48 009 189 495 AFSL 240687 ACL 240687 275 Kent Street, Sydney NSW 2000 |
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