Many organizations make remarkable progress because of the availability of the services of their technical experts as well as their directors with in-depth working experience and unique skills. The absence of their services to the organization, due to premature death or disability, usually results in financial loss to such organizations. 

An employer having such key persons in his employment can take an insurance policy on their lives to reduce the loss impact when the unfortunate circumstance occurs. The amount of insurance cover depends on the amount of loss the company is likely to sustain by the death of the key person plus the cost the company may have to incur to find a suitable substitute and the expenses to be incurred for training the new incumbent. 

Key Features

• The policy is renewable yearly
• Single premium can also be paid for term 
• Premium payment ceases either as a result of death or termination of employment of the assured

Benefits:

• Death Benefit  
• Total Permanent Disability Benefit 
• Partial Permanent Disability Benefit
• Total Temporary Disability Benefit 
• Dread (Terminal) Disease Benefit