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  • Home
  • Our services
    • Our Client Journey
    • Personal Insurance
      • Income Protection Insurance
      • Life Insurance
      • Total and Permanent Disability insurance
      • Trauma Insurance
      • Health insurance
      • Home Contents Insurance
      • Motor Insurance
      • Landlord Insurance
    • Business Insurance
      • Business Expenses
      • Business Interruption
      • Business Property
      • Buy Sell Agreements
      • Commercial Vehicle
      • Cyber Protection
      • Group Income Protection
      • Key Person
      • Management Liability
      • Marine Transit
      • Professional Indemnity
      • Public Liability
    • Financial Advice
      • Estate Planning
      • Investments
    • Superannuation
      • Retirement Planning
      • Self Managed Super Funds (SMSF)
      • Wealth Accumulation
  • Resources
    • Videos
    • EOFY
    • E-Books
  • News & views
  • About
    • The IAS approach
    • The IAS Investment Philosophy
    • Case Studies
      • Trauma Insurance Case Study
      • Business Property Insurance Case Study
      • Business Interruption Case Study
      • Superannuation Case Study
      • Workers' Compensation and Income Protection Case Study
      • Contract Review Case Study
    • Testimonials
    • Affiliates
    • Frequently Asked Questions
    • Compliance

Key Person

  • Call 02 8268 2900
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If something were to happen to one of your business’ partners, executives or key employees, what would be the business impact?

If you own a business, there is undoubtedly at least one person, if not a few, who are critical to its successful operation. Key Person Insurance can protect your business against loss should something happen to one of them unexpectedly.

Do I need Key Person Insurance?

If one of your business’ key people were to suddenly become injured or die, would the business lose considerable income in the short term? Perhaps you have a founder who is strongly identified with the company’s success or a top salesperson who brings in the lion’s share of annual revenue? If so, you need Key Person Insurance. It can compensate the business for loss incurred and allow time for the business to rebuild.

What can Key Person Insurance cover?

Key Person Insurance covers loss to your business that occurs as the result of a prolonged absence or even death of a key person in the business.

Other things to consider

In the case of loss of a valuable employee, Key Person Insurance will compensate you with a fixed monetary sum, which is stated in your insurance policy.

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ABOUT US

Incorporated for over 40 years ensures experience, knowledgeability and skill at identifying unforeseen risks and producing effective strategies. Unlike most brokers, we do not rely upon mathematical formulas or statistical models generated by computers to produce solutions– we believe every client is unique and our approach is tailored accordingly.

CONTACT US

Street Address
Level 2, 273 Alfred Street
North Sydney, NSW 2060
Postal address
PO Box 1073
North Sydney, NSW 2059
Call: (02) 8268 2900

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