Sentences with word «keyman»

Proceeds are taxable for policy holders who were part of Keyman insurance policy.

I needed keyman policies to be assigned to banks from which I was seeking banking loans (bank facilities for business....

MEG Financial, a nationwide specialty life and disability insurance agency announces an overlooked opportunity for unwanted or needed keyman life insurance with the emerging «secondary market» for life insurance.

Learn More about Keyman Disability Insurance...

There are no special insurance plans for keyman insurance, it is just an application of life insurance to fulfil a special need.

You will find it difficult to buy keyman insurance because your company is new and, most likely, you are incurring losses.

A: In short, your business needs keyman protection if it would be dramatically impacted if one or more employees becomes disabled or dies.

In keyman insurance, the premium is treated as a business expense and the death benefit, if paid, is subject to corporate tax.

You may want to also consider keyman insurance for key employees.

The purpose of keyman insurance is to safeguard the company from sudden impact on cash flows due to death of the employee.

Other planning ideas for golden handcuffs AND risk management using cash value life insurance are featured in previous articles and include keyman insurance plans, executive bonus plans AND split dollar plans.

Proceeds from Keyman Insurance can be used in order to find, recruit and train new skilled professionals for the company.

Life insurance is one of the necessary elements of a good insurance plan, however in many cases keyman disability insurance is of equally significant.

Besides selling UnitGain policies, the Ahmedabad branch has made distinction in selling Keyman Insurance.

Company - Keyman Personnel.

Keyman policy costs are NOT cheaper if purchased directly from an insurance company versus from a professional insurance broker.

Keyman life insurance is insurance on a business owner or officer, generally a person who is «key» to the operation of that businesses and who would be difficult and costly to replace.

Keyman Disability insurance is designed to protect the business in the unfortunate event that a key employee or executive suffers a disabling accident, injury or illness.

The premium for keyman is paid by the firm and the proceeds also come into the firm.

In keyman insurance, the company pays the premium to insure an employee's life and the beneficiary is the company itself.

An example of keyman are the key business development personnel.

Keyman Insurance benefits are also used to buy out the insured person's shares or interest in the company.

Insurance include vehicle insurance, which includes auto, motorcycle, and boat insurance, health insurance, life insurance, home insurance, travel insurance, personal property insurance, keyman insurance, dental insurance, rental insurance, and more.

Keyman Insurance compensates losses with a fixed monetary sum specified on the insurance policy.

Your keyman insurance policy will account for any potential loss, enabling your company to rebound following a death or disability.

Keyman will offer as much as $ 30,000 a month in overhead expense insurance, and our agency will write policies for as little as $ 5,000 a month.

With a keyman insurance policy, your company is the beneficiary.

The Keyman insurance «mini physical» is one of the most crucial parts of the process of securing a competitively priced insurance policy.

The insurance exam is one of the most crucial steps in obtaining a keyman policy and has a significant impact on your actual rate.

To protect your investment and long - term financial goals, you should consider a keyman insurance policy.

o protect your investment and long - term financial goals, you should consider a keyman insurance policy.

If death or disability strikes a top sales person or executive, a keyman policy could be the difference between your business staying afloat or having to close the doors!

See, «Keyman Insurance Underwriting Guide ``.

Keyman Disability insurance provides peace of mind to companies and business owners alike knowing that the business can continue operations without major disruption if a disability strikes a top salesperson, executive or key employee.

The company who had previously written our Keyman policy opted not to renew the policy on the renewal date.

Beginning to get alarmed, we «googled» insurance plus «Keyman policy» and your name along with several others popped up.

Also, provided by Nationwide for businesses is key person insurance, also commonly referred to as key man insurance and keyman life insurance, it is an important form of business insurance.

A Keyman Insurance Policy is nothing but a life insurance policy availed by the company or an employer on its key person's life who is currently employed by him in the business.

To mention a few, there are policies such as Pension Plans, Health Plans, Micro insurance Plans, Group Schemes, Keyman insurance for business, Endowment plans, Money back plans, Term Assurance plans and much more.

Think about the repercussions on your family of not having a life insurance policy or on your business without a Keyman policy.

Under the provisions of section 10 (10D) of the Income - tax Act, 1961, Maturity / Death claims proceeds of life insurance policy, including the sum allocated by way of bonus on such policy (other than amount to be refunded under Jeevan Aadhar Insurance Plan in case of handicapped dependent predeceases the individual or amount received under a Keyman Insurance Plan) is exempted from income - tax.

The keyman insurance policy refers to the one where in the policy is taken by an indiviudal on behalf of someone else's life.

It can also be bought as a keyman insurance to cover your company's key executives.

The premium for a keyman policy is paid by the firm and the proceeds also come into the firm.

Keyman insurance provides financial security to the company because the money can be used to tide over short - term earnings fluctuation and even hire a replacement key person.

This is different from a keyman where the death benefit is paid to the company.