If your business depends on one person, it needs a backup plan
Keyman insurance protects your business from financial loss if a key employee, partner, or founder is suddenly unavailable.
What if the person your business can't run without is suddenly gone?
in business revenue without the key person
client relationships are often non-transferable
bank loan guarantees may be called in immediately
How Keyman Insurance Works
Assess
We evaluate keyman value based on profit contribution and employee salary.
Design
We structure the policy with the business entity as proposer and beneficiary.
Protect
Your business liabilities and revenue flows are secured on death.
Recommended Keyman Protection Plans
LIC New Jeevan Anand
#915Protects key employee and covers liability
LIC New Endowment
#914Maturity proceeds go to corporate entity
Calculate Corporate Premium
Find out the exact keyman premium and tax saving for your business.
“Keyman insurance secured our partnership. Ajay sir made the corporate documentation very clean.”
Common Questions About Keyman Insurance
A keyman is an employee or director whose exit or demise would cause significant financial loss to the business.
Yes, partnership firms can buy Keyman insurance to protect partners who hold critical client relations.
Yes, premiums paid by the business are treated as business expenses and are tax-deductible under Section 37(1).
The company (proposer) receives the claim amount to compensate for financial losses and key recruitment costs.
The company can either stop paying premiums, surrender the policy, or transfer it to the employee.
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