Key Man and Buy-Sell Agreements

Home / Services / Key Man and Buy-Sell Agreements

How would you cope if the key employee or business owner was injured, struck down by illness or passed away suddenly?

Protecting key personnel in a business is as critical as covering assets from loss or damage. Key man (or Key Person) plus Buy-Sell Agreements provide for a business when financial losses arise from the death or extended incapacity of an important member of staff.

If your insured employee or business partner suffers a critical illness, is permanently disabled, or dies, having a key man policy in place will provide you with a significant financial benefit to assist in the operation of the business.

Keyman insurance differs from normal life insurance in its structure. Keyman insurance is the same in definition and benefits, the difference lies in the ownership structure and the purpose of the insurance.

Metsure Insurance Brokers have extensive experience in managing and arranging such insurance policies for business owners and corporate managers across Queensland.

We can also make arrangements for critical buy-sell agreements; a legally binding agreement between co-owners of a business that determines the situation if a co-owner dies or is otherwise forced to leave the business, or chooses to leave the business.

You can read more about these insurances types and why they’re so important for business owners in our blog. For a confidential discussion about your business needs contact Metsure directly.

Request a quote now

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt