top of page
Life Insurance, TPD, Trauma, Income Protection

Keyman capital protection


Keyman Capital insurance is an asset protection for your business maintaining capital value and stability in the event of death, disability or critical illness of a key person within the business. It provides sufficient cash for the business to preserve it’s assets by repaying or reducing business debts.


Typically, the greatest asset to a business is the intellectual capital and personal effort by key people. Keyman Capital insurance is an asset protection for your business, recognising that the continued contribution of key people is critical to the long term success of any business.


Tax treatment

Keyman capital benefits are free of tax and there are no restrictions on how you can use the payments.

Provides a cash lump sum that can be used by your business to:
  • Repays debts to preserve the business asset. If your business has a bank loan, or if a mortgage on your home is funding the business then this type of insurance may be necessary. 

  • Protects the owner’s personal interests

  • Frees up cash flow for the business.

  • Maintains its credit standing if a business owner or a loan guarantor dies or is disabled.

How much life cover should I have?


This will depend on the costs you want to cover, such as:


  • Goodwill.

  • Credit standing.

  • Loan accounts.

  • Other debts.


As a general rule, debt with a repayment period of 5 years or more is insurable.


We can help you work out an appropriate level of life cover to suit your needs.

bottom of page