A Key person is a virtually crucial individual, male or female, who brings an enormous amount of revenue to the conglomerate due to his/her distinctive skills and expertise which makes such a person irreplaceable for a consequential amount of time.
If such an individual is unavailable and is not replaced quickly, it could result in the collapse of an organization. To protect or ensure such a person, there is Key person insurance.
The life of a Keyman Insurance (or a Key woman) is insured and if a claim is made, the amount goes to the employer. Keyperson Insurance makes sure the company doesn’t collapse in the absence of the Keyperson.
If you are the sole breadwinner of your family, it is mandatory for you to purchase a Term Insurance. With it, your family can cope up with the financial loss. Similarly, when an important person isn’t available for the company anymore, Keyperson Insurance helps the company cope up with the loss.
Not many people are aware of this. To bring this to your knowledge and to increase awareness, Moneymindz, India’s First Free Online Financial Advisory has come up with an innovative idea, Kuber Mindz for the first time, in India.
A Calm and Patient Financial Advisor, Kuber Mindz is made up of Artificial Intelligence. He offers practical solutions that are unique to you and your circumstances.
He is unbiased and doesn’t feel the need to do anybody a favor. He speaks hardcore facts and will happily, but honestly, answer all your questions.
You can ask him what a Keyman (or Key woman) Insurance is, why it is imperative, what its benefits are, etc. He will gladly answer them all for you.
You need not hesitate to talk to him at all regardless of age. If you have a doubt, just visit www.moneymindz.com and he will be right there. Get all your doubts clarified by him today.
We see driverless cars, robots serving food at restaurants and automated advisors online today. Artificial Intelligence has become widespread now and the same trend is emerging in India too. This makes us immensely happy that India is on its way to become a powerful nation across the world.
When something is easily available to you, you should make use of it. Kuber Mindz is easily available and you can easily access him.
For more information visit www.moneymindz.com or give a missed call to 022-62116588