Key man insurance in Brooklyn Gauteng South Africa

Key man insurance in Brooklyn Gauteng South Africa.

If you are looking for key man insurance you are at the right place, thanks for visiting.

Finding the right broker to do business is not always as easy as it looks, as experience in the insurance industry is a essential part of the criteria to look for in a insurance broker. George van Zyl has been in the industry for the last 30 years, he is a qualified Financial Advisory (FA) and he has been dealing with all the in and outs of this business for a long time.

George is also a lawyer of trade, and this is the second part of his business. So buy and sell agreements, well any agreements, any contracts, any registrations of companies, any advice you need surrounding any of these - he is the man to talk to. It is not every day that you get a insurance broker that is a combination of these two very specialized professions! All of the above means that George is perfect to deal with any kind of business insurance or any insurance that has to do with contracts, the more sophisticated insurance, like keyman insurance or sometimes written key man insurance and also called key person insurance.

George is very personable, knowledgeable and super friendly Insurance Broker and he is standing by ready to help you and your business handle all your queries and difficult problems, related to your business insurance.

George van Zyl's office is in Brooklyn, Pretoria, South Africa, he and his staff is standing by to help you to achieve your goals, so you can have a fantastic business that can handle whatever is thrown your way!

For more information about what keyman or key person insurance is please follow this link to the website. http://sandtonkeymaninsurance.webs.com

Key person life insurance and the entrepreneur

Key person life insurance is the key to the entrepreneurs long-term success, as it insures that you will get paid if there is a serious problem, like your partner (key person) death, if he gets disabled, or have a heart attack etc.

The problem with all new businesses and so for entrepreneurs is that you do a lot of work first, for which you will get paid later when the business is successful - this is where the risk lies! This is why you need to get key person life insurance to cover you in this dreadful situation, in a lot of the cases this will make the difference between your businesses survival or its demise.

The first step in being able to attain key person life insurance is a good business plan, yes the same one you the entrepreneur will need for the bank for financing etc. As this will determine the potential value of the key man, and the business.

One of the foundations to be able to get key person life insurance is that you must be able to prove a loss on your side if your key man should fall away or die.

Situations where key person life insurance should be considered is:

• Business Partnerships
• New companies
• Employees that is unique and which can not be replaced
• Partners that is unique and which can not be replaced
• Creditors - people that owe you a lot of money (do you want to claim it from their estate?)
• Shareholders - do you want to negotiate with their spouse, or have the spouse as a partner? 

Then ideally you want a lawyer, insurance agent combination to help you put all of the above in place, as in a lot of cases their are contracts that must be put in place and most of the time it is not all so obvious what to do. One contract forgotten can have a devastating effect later!

So as you can see key person life insurance is an essential part in managing your businesses risks, and sometimes your own risks in the proses, if you have any questions don't hesitate to call, or follow this link to my website: http://sandtonkeymaninsurance.webs.com/contact-us