Key Person Insurance
It can have unexpected financial consequences for your business if you or a key employee are on sick leave due to health issues or accident.
Take out Key Person Insurance and avoid financial loss and concerns. The insurance offers you financial reimbursement if you or any other key employee get ill or suffer an accident that requires long-term care.
Avoid financial loss
The insurance covers oncosts salary when your employees fall ill.
Compensation for stress
The insurance also covers if an employee is on sick leave due to stress.
Easy and flexible payout
You will receive, regularly, compensation directly to your company.
What does Key Person Insurance cover?
The table is only indicative and is an extract of the insurance conditions. Any compensation is calculated according to the rules laid down in the insurance terms and conditions.
Other benefits of key person insurance
|No health information||
Many insurance companies require health information about you and your employees, but no ADIS.
Sickness benefits are not subtracted from the sum insured.
|Avoid financial loss||
The insurance combines health and operative loss; covering both the loss of salary and operating costs of key employees.
|Covers pass diseases||
The insurance covers previous diseases (control, symptom, and treatment free for 36 months).
|Also for the business owner||
As a business owner, you can also benefit from insurance. You can specify both yourself/company as policyholders and key employees.
The premium is tax-deductible as part of the company's profit and loss account.
|One or more employees||
The insurance is suitable for companies with one or more employees