Business life insurance covers risks related to people - key persons and employees in general. Companies may offer a full range of such services or may specialise in a particular area. Typically these services include key person insurance cover to protect businesses against the loss or long term absence of key personnel, shareholder or partnership cover to provide a cash lump sum to buy a deceased or incapacitated person share of a business, and business health insurance for employees. In addition business, life cover may include funeral insurance, emergency evacuation insurance and insurance against loan defaults.
Find a life insurance policy in Zambia that is the cornerstone of a business's succession plan. When a business uses life insurance as the funding vehicle of a buy-sell agreement, the death benefits are used to purchase a deceased partner's share of the business from their estate. The established Zambia life insurance companies can draft such a policy to assist a business's succession plan.
Insure with a Zambian life insurance company to protect your business in Zambia, Life insurance can protect your family, business, business partner, and employees to ensure that your business continues operating and your loved ones remain financially stable in the event of your death.
Take a look at the various options you may have to ensure stability for your business.
Is your business in Zambia? Insure in Zambia!