MCIS Life - Authorized Agent

24/08/2020

Business owners take advantage of this amazing insurance policy which protects your business extensively. . Contact me for further details at 016 7879633.

14/08/2020

Best plan for anyone above 50 years plan with no medical underwriting. PM or DM at 016 7879633

12/08/2020

Are you ready to spend thousands on your medical bills or do you want to spend only a fraction of it. Ask me how you can do that. Deep@JMPK 0167879633

04/08/2020

Ladies... Grab this opportunity to create more Success. Women Power. RSVP:016 7879633

21/07/2020

The Best Rate in town...

21/07/2020

20/07/2020

Invest with peace of mind...

20/07/2020

Invest with free of mind knowing it's secure and profitable...

13/07/2020

Planning for retirement... Contact me for the best plan with value for money...

12/07/2020

Always protect your income

09/07/2020

How does keyman insurance work?

If you have taken out life cover for yourself, you will already be familiar with how keyman insurance works. The premium for key worker protection is calculated based on age, health and lifestyle, but it is actually the business, rather than the individual insured, that pays the premiums. Additionally, the business is the keyman insurance beneficiary, so it will receive any payout.

The price of the policy will depend on how long it is taken out for (the term) as well as the level of cover. The amount of protection taken is usually calculated by either a multiple of the person’s salary or how much profit or turnover they create and how long it could take to recover. Alternatively, some businesses may look at the direct costs of a replacement such as finding new staff, paying a salary and how long it would take to replace the lost revenue.

08/07/2020

Keyman insurance helps a business recover from the loss of its valuable assets viz the persons who run it and/or own it. Individual talents are becoming critical to the success of many companies and employees are also becoming an important factor in investors' valuation of the entities. Every business has at least a few very valuable employees who contribute significantly to the running and growth of the company. It makes sense to insure against the unfortunate event of their untimely demise. This is because the company may face business/financial loss in case of sudden death of such valuable employees. It is here that Keyman insurance comes into play.