Different KeyMan Insurance Policies

Unfortunately it is a fact that you, yes you! and all your work colleagues will die. That's right! But then you knew that didn't you? But have you decided when you are going to die? Or come to think of it, your key people within your business are going to die?

That's right unfortunately as a boss that's one think you really don't have control over.

Life Insurance

Life insurance is the most simple and easy way to insure that key person within your company. Exactly the same as you would insure your own life to safeguard your family. A simple lump sum pay out in the event of death or terminal illness diagnosis. (subject to insurer)

Critical Illness Cover

With all the advances in medical science more and more people survive and go on to live a relatively normal life. But they may not enjoy the same mobility and good health as they did. Big challenges have to be over come and unfortunately the job and position they held before may not be a possibility anymore.

Critical illness cover will pay out a lump sum of money on diagnosis of a critical illness. This could help finance the business while this person is away or evan go towards private medical care in order to help get the person back to work as soon as possible.

Types of Illnesses Covered

Below is an example of illnesses may be covered by a critical illness policy.

• Alzheimer's Disease - resulting in permanent symptoms
• Aorta Graft Surgery - requiring surgical replacement
• Aplastic Anemia - with permanent bone marrow failure
• Bacterial Meningitis - resulting in permanent symptoms
• Benign Brain Tumor - resulting in permanent symptoms
• Blindness - permanent and irreversible
• Cancer - excluding less advanced cases
• Cardiomyopathy - of specified severity
• Coma - resulting in permanent symptoms
• Coronary Artery By-Pass Grafts - with surgery to divide the breastbone
• Creutzfeldt-Jakob Disease (CJD) - resulting in permanent symptoms
• Deafness - permanent and irreversible
• Dementia - resulting in permanent symptoms
• Encephalitis - resulting in permanent symptoms
• Heart Attack - of specified severity
• Heart Valve Replacement or Repair - with surgery to divide
• the breastbone
• HIV infection - caught from a blood transfusion, physical
• assault or accident at work
• Kidney failure - requiring dialysis
• Liver failure - of advanced stage
• Loss of hands or feet - permanent physical severance
• Loss of Speech - permanent and irreversible
• Major Organ Transplant
• Motor Neuron Disease - resulting in permanent symptoms
• Multiple Sclerosis - with persisting symptoms
• Paralysis of limbs - total and irreversible
• Parkinson's Disease - resulting in permanent symptoms
• Primary Pulmonary Hypertension - of specified severity
• Progressive Supra nuclear Palsy - resulting in permanent symptoms
• Respiratory failure - of advanced stage
• Stroke - resulting in permanent symptoms
• Systemic Lupus Erythematosus - with severe complications
• Terminal Illness
• Third Degree Burns - covering 20% of the body's surface area
• Total and Permanent Disability
• Traumatic head injury - resulting in permanent symptoms