What Insures Look before Accepting your Application for Keyman Insurance

The following information is required to establish insurable interest and determine the proposed sum assured

Details of Company’s operation

  • Duties and expertise of the key man
  • The key employee’s earnings
  • The total earnings of all employee
  • The company’s turnover
  • Recovery Period – The number of years that it will take the company to be at the same level of profitability immediately before the death of the key person.
  • Companies Annual audited accounts for the past 3 years for the purpose of financial underwriting
  • Projected future Profit growth rate based on past performance
  • Medical examination report on the key person


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