Product Details
KEYMAN INSURANCE SOLUTION
Pune
A Quality Product from
MRS. JAYASHREE DHEKANE [View Profile]
Pune - India
Description :
Protection from LIABILITIES
Any unforeseen consequence relating to the Keyman can...
Create a vacuum in the company and a set back in profits.
Loss of customers or sales generated by his/her ability or personality.
Loss of his/her specialised abilities.
The cost of recruiting and training a suitable replacement.
Delay/cancellation of any business or project upon which he or she is working.
Loss of opportunities for future expansion.
The loss of stable management and good labour relation.
Possible reduction of the credit standing of the company.
Possible withdrawal of credit facilities by banks and other institutions.
Recall of existing loans guaranteed by the Keyman.
Refusal of suppliers to deliver goods without prior payment.
Adding something extra to ASSETS
The extra push that Keyman Insurance give...
The competitors may not be able to take and advantage of the situation caused by the death of the Keyman.It keeps the company position stabilized in the marketThe company may also be able to obtain working capital at better rates because of the value attach to the name of the Keyman
The Company can use it as a collateral security for raising loans from banks*
The Company may also be able to take a loan on the basis of a policy at a nominal rate of interest.
It may be used as an instrument for tax planning as it gives substantial Income Tax saving to the company.
No advance intimation/approval is required from tax authorities to claim deduction of insurance premium paid under Keyman Insurance.
Product Price :--
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