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Vijay Madhavan - Financial Planning Consultant Dubai

Um Hurair
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Profile : Most of us know that term insurance helps in helping a family at times of loss of their provider. In a similar way, key man insurance helps businesses at hard times during the loss of their key person or any other significant person who acted as the driving force of their business. Most of the modern companies automatically opt for key man insurance/ business protection insurance after a certain period of continuous profit, because they know how a demise of their key personnel can significantly impact their workflow and thus cash flow. Phone No : Fax No : P.O.Box : Other Phone : Country (E) : United Arab Emirates Country (A) : United Arab Emirates City (E) : Dubai City (A) : Dubai Address (E) : Um Hurair Address (A) : Um Hurair E Mail : vijaymsoft@gmail.com Business Activity : The transferring of executive control and rights to profits can haunt the business if there is no good insurance covering the death or illness of a key person. Put simply, the absence/loss of a key person/vital member of the staff could result in complete disorientation of the company workflow and cause your business to decline in profit. Business protection insurance/key person insurance can compensate for the loss/long-term absence of a key-person by paying a lump sum to count as profit or the funds to recruit and train a new effective successor. Although the levels of cover and the terms and conditions of a business protection insurance is quiet complex. Also, they are different in different places. For example, Business insurance in UAE is not the same as Business insurance in the UK.

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