You cannot afford to lose your profitable business persons. Therefore, we have designed a comprehensive Keyman Insurance policy to safeguard your valued employees against illnesses or deaths.
Be brave with our plans and secure the heart of your business. Your exceptional personnel with irreplaceable qualifications and connections are pivotal in bringing profits to your business. Protect them with us and let your business recover after their loss. We cover the cost of training replacement personnel, buying shareholder’s interest and guarantees on business loans when your key people are incapacitated.
icon-quote-left Besides indemnifying against your daily operations and earnings, you may want to preserve other business and non financial aspects of your enterprise with our all-in-one corporate package which includes fidelity guarantee insurance, fire insurance, public liability insurance, work injury compensation insurance, professional indemnity insurance and more... icon-quote-right
We protect your key personnel
by reimbursing your business losses through provision of large sums of money during unforeseen events such as prolonged illnesses.
Protection for your business partner in the event of death
– we help you buy your partner's share in case of demise to ensure that you are able to raise the adequate capital for continuity of your business.
Provision of cash values to act as gratuity or performance bonus during retirement to improve your key executives’ loyalty.
Tailor made benefits
depending on your company profile, budget and features that you would like your key personnel to enjoy.
– most of the Keyman Insurance plans reduce your final tax to the government allowing you to stay on top of your bills while improving your Keyman working conditions. The potential tax benefits are immeasurable and contribute towards the success of your business.
ARE PREMIUMS PAID FOR KEYMAN INSURANCE DEDUCTIBLE FOR TAX PURPOSES?
Yes, in most cases, premiums paid to an insurer are tax deductible but this may depend on the current government policies, rules and regulations.
DOES KEYMAN INSURANCE PROTECT THE EXECUTIVE'S FAMILY LIABILITIES IN THE EVENT OF DEATH?
Yes, one of the benefits of Keyman Insurance is protecting liabilities of the Keyman's family in the event of death. However, the main aim of Keyman's policy is to allow the business to continue after the loss or incapacity of the key personnel without passing any liability to third parties.
MY COMPANY DOES NOT HAVE A KEYMAN, IS THIS POLICY REALLY NECESSARY TO ME?
No matter how small your business is, it is has people who are directly related to its profit making. It is advisable to contact us to re-evaluate the portfolio of each employee in your firm and identity the key people who are vital in the smooth running of your business. We will do this at no additional cost to you.
DO I NEED TO OPT FOR THE PROFIT PROTECTION BENEFIT UNDER KEYMAN INSURANCE?
If you have at least at least one key person on your business who his/her loss can impact your business, then it means you need Keyman Insurance Singapore profit protection. In most cases, lesser employees on your business imply that your business is more reliant on key persons most of the times and their loss can be detrimental to your profit making strategies.
Irrespective of the size of your business, we will customize a Keyman policy just for you
. We have efficient and fast processing procedures with no paper work required to be done by you.
Our nimble staff ensures that you get the best quote
for Keyman plans through a friendly customer support and also to initiate the fastest claims
in the event of an accident. We are a phone call away and can help your business identify the key, experienced and most profitable staff to actualize a suitable plan for them.
Experience a state-of-the-art consultation
with our dedicated staff with decades of experience in the insurance industry. Get your portfolio reviewed at no obligation
and let us identify your insurance needs instantly. We offer you 3 quotes from the finest general insurers.
We have hundreds of satisfied clients who have insured their key personnel with Singapore’s strongest insurers below:
icon-star AVIVA Ltd
icon-star AXA Insurance Singapore Pte Ltd
icon-star AIG Asia Pacific Insurance Pte Ltd
icon-star China Taiping Insurance (Singapore) Pte Ltd
icon-star EQ Insurance Company Ltd
icon-star Liberty Insurance Pte Ltd
icon-star MSIG Insurance (Singapore) Pte Ltd
icon-star NTUC Income
icon-star Overseas Assurance Corporation (OAC)
icon-star QBE Insurance (International) Limited
icon-star RSA – Royal & Sun Alliance Insurance Plc
icon-star Tokio Marine Insurance Singapore Ltd.