Protect Your Business with Key Person Insurance in New Zealand
Your business success depends on the contributions of key individuals—people whose absence could disrupt operations or even threaten the continuity of your company. But what happens if those essential team members are unable to work due to illness, injury, or an untimely death?
Key person insurance is your safety net. Whether you’re an established company or newly self-employed, this insurance policy provides financial protection to help your business stay operational during challenging times.
Get Clear, Accurate Advice—Insurance Done Right the First Time
Key person insurance, sometimes called key man insurance or key employee insurance, is a policy designed to financially protect businesses from the loss of individuals vital to their operations. These policies ensure stability during times of financial stress by:
- Replacing lost revenue.
- Recruiting and training a replacement.
- Covering business expenses such as salaries, debts, and overheads.
- Keeping operations running smoothly until the key person can return.
Comprehensive Coverage Options Include:
- Life Insurance: Provides a lump sum if a key person passes away.
- Disability Insurance (TPD): Offers financial support if a key person becomes permanently disabled.
- Trauma or Critical Illness Insurance: Covers costs if a key person suffers a critical illness, like cancer or a heart attack.
- Income Protection Insurance: Supplies monthly payments for temporary absences due to injury or illness.
- Business Succession Insurance: Ensures a seamless ownership transfer if a shareholder or partner dies or can no longer participate.
With additional options like accidental death coverage or premium waivers, you can tailor your policy for complete protection.
Who is Eligible for Key Person Insurance?
Stay Covered, Stay Confident: Tailored Solutions to Protect Your Business
Key person insurance provides payouts tailored to your business’s unique needs, helping you maintain operational stability and financial strength when it matters most.
With optional indexation features, you can ensure your policy keeps pace with inflation, preserving the value of your benefits over time.
Your Business, Your People: Comprehensive Cover in Challenging Times
New Zealand’s small and medium-sized companies form the backbone of its economy, and many rely on one or two critical individuals for operations, knowledge, and leadership.
Key person insurance offers:
We Listen and Deliver: Putting Your Insurance Needs First
At OneStop Financial Solutions, client service comes first. We understand that navigating insurance policies or negotiating life insurance rates can feel overwhelming, especially when running a business. With the help of our knowledgeable insurance brokers you can:
Trust Built on Actions, Not Excuses
Your business deserves a broker who listens, acts, and works tirelessly to get you the best outcomes. Our dedicated team is here to simplify key person insurance and offer solutions that work.
Let’s Work Together: Free Policy Reviews and Quotes
Are you ready to safeguard your business with the right insurance policy? Matt and the team at OneStop Financial Solutions offers:
Together, let’s create an insurance plan that protects your company and secures its future.
Call Us or Request a Quote Today
Don’t wait until the unexpected happens. Take the first step toward financial security and peace of mind.
- Explore your risks with our brokers.
- Get advice on business continuity insurance, tax-friendly policies, and more.
- Protect your assets, investments, and team with a plan built for your business’s growth.
Contact us now or fill out our form to connect with a trusted insurance broker and start building your secure future.
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