A man using an angle grinder - Key person protector

Key Person Protector

Protect Your Business Against the Loss of a Key Contributor

If a key member of your team was to become totally disabled, your bottom line may suffer in the short-term and over the long-term you may have to find a replacement.

Because key employees have unique knowledge and skills, replacement can often be difficult, timely and expensive.

You may have to pay a recruiter to find someone with suitable skills. One or more areas of your business may have to be put on hold, both during the search and while you train a replacement. Even if you are able to promote someone internally, you may still lose revenue while the replacement gets up to speed.

What is Key Person Protection Insurance?

Key man protection insurance is placed on an individual within a business whose role is vital to the operation and bottom line of the company. If a disability causes the insured worker to be unable to come into work, the insurance policy can cover some or all of the costs of recruitment, retraining, and lost revenue due to the disability of the insured.

That’s why we at Royale British Columbia Financial Inc offer Key Person Disability Insurance.

For help in structuring the coverage that best suits your business, consult us today.

Get a Quote

Are you interested in this product or solution?

Let's talk! I am here to help with your Insurance and Investment needs.

Faraidoun "Frank" Akhavan

Faraidoun (Frank) Akhavan

Office 205 - 3994 Shelbourne Street
Victoria BC, V8N 3E2

Cell 250-953-2304

Office 250-953-2300

Fax 250-881-7497

Skype faraidoun9

Email Frank Simply fill in the form below and we will get back to you shortly.

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Testimonials

Frank Akhavan of Royal BC Finanacial is one the most informed and well educated advisors I have ever met. After graduating from many years of study, I needed advice on whether it was the right time to make investments or buy insurance. Frank actually advised to wait until I had my business going for a while so I wouldn't be stressed by overextending myself. I wondered about life insurance and because I already had a small policy in place Frank advised me that because I was still single that what I had was enough and that I didn't want to become over insured. He made me feel comfortable and informed and less stressed. He is very kind and you dee this in his smile so you feel like he has your best interest at heart. Frank has one of the best reputations in the industry or so I was told by my friends and when you enter his office the proof is before you. He has won the top awards in the industry for like 20 years displayed nicely in his office. You can not dispute that this it gave me great confidance in his knowledge and ability. You have to see it to believe it. Now I refer all my clients with financial and insurance questions to Frank. He is the best.
Jesai
- Jesai Chantler -