What is Key Person Insurance?
Key Person Insurance provides a cash injection to offset the reduction in revenue or cover the debt obligations in a business should an insured event take place, such as death or serious disability.
If your business relies on a key individuals to drive the revenue or maintain the debts of the business, and their death, disablement or trauma would have a substantial effect on profits, Key Person Insurance is a consideration to provide financial support.
Information on our website is general in nature and does not take into account your personal circumstances. You should consider personal advice that allows for your own goals and situation and always read the Product Disclosure Statement (PDS) issued by an insurer before considering buying cover.
