Keyman Insurance


This product is beneficial to individuals whose business would suffer if a Key Person associated with it were to die or be disabled and unable to continue as an employee of the company. This service ensures that surviving individuals and/or partners can continue operating smoothly in the event of the death of a key member of the business. Under the terms of this policy, an insurance company pays out a lump sum to the business in the event of the insured person’s (e.g. proprietor, key specialist, or key manager) death or disability.   

Benefits of Keyman Insurance Policies

The policy assists in overcoming emotional trauma

Helps smooth over financial problems that may result from the death of a key person. This ensures continuity within your business and ensures that clients, customers, and staff will not be left stranded

It assists you in continuing an effective management structure within the company. 

A new Key Person will assist in executing plans as effectively as before.

Policy Features

In many cases, businesses have an important employee who is integral to their success and survival. This may be a proprietor’s right-hand man, a long-serving manager or another key individual whose loss could have severe consequences for the business. 

A Key Person is insured for a specific Rand value. By having cash to replace the key individual, the business continues to run smoothly because there will be no disruptions caused by the death or disability of that key person.

How it Works

Our financial service provider partners can offer Key Man Insurance that will protect the business in the event of death or disability to a key person, whether by accident or illness 

The size of the Key Man Insurance benefit is usually based on the profitability of the business. This ensures that following the death or disability of the insured person, your business can continue to run smoothly by having an uninterrupted cash flow 

The cost of this type of policy is based on the demographics of the key person being insured.

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Our Partners

I.H.S. offers a variety of insurance-related services including:

Keyman Insurance Policies

This product is beneficial to individuals whose business would suffer if a Key Person associated with it were to die or be disabled and unable to continue as an employee of the company.

Buy-Sell Insurance Policies

This product enables business owners to protect themselves in the event of a change in ownership or partnership, as a result of the death, disability, or resignation of a shareholder.

Contingent Liability Policies

This product is purchased in the event of financing needed for the business. This could be as a result of expansion or purchasing of a large asset by the business. It could be also be necessary at the time of purchasing the entity.

What Our Clients Say About I.H.S

This is just a small sample of our clients’ testimonials! If you are interested in any of the business insurance packages that IHS offers, please contact us at 010 591 2492. 

I just wanted to give some feedback I received from one of our staff members. she was so happy she chatted to you and that you gave her such an awesome service. Thank you once again for all your assistance, I really appreciate it. Regards

Anastacia Hammers Cape Union Mart

I.H.S. has provided business insurance for me and my partner's stores. Brian was very friendly and helpful! The good thing about I.H.S. is that they are fast, efficient, and reliable - I can always count on them to get the job done. They handle all of our insurance needs, which means we don't have to worry about a thing!

Louise Roberts Fashion Designer and Store Owner

When I was looking for a business insurance broker to help me with my policy, I talked to several different firms. It quickly became clear that Brian at I.H.S. was the best choice. He has a huge amount of experience and knows what he is talking about - it's very easy to see why he is the best business insurance broker in South Africa.

Brent Boston Hypermarket Manager, Vereeniging

I have known Brian for a few years now and we have done business together. He is helpful and reliable and has never let me down when I needed his services. I highly recommend him and look forward to doing lots of business with him in the future!

Liza Business Owner, Boksburg

I.H.S. has been a lifesaver for my business! When no other insurance broker could help me, Brian was able to provide me with a comprehensive policy that fully protects my business. I have a strong piece of mind knowing that if something were to happen, the business will move into its next chapter.

Kathy Clothing Store Owner, Sandton

I have been doing business with I.H.S. for a long time now. Anytime I've had an issue or needed advice, Brian has always been there for me! It's comforting to know that they are just a phone call away when you have any insurance needs.

Tanya Business Owner, Randburg

If you are looking for business insurance, I can't recommend Brian at I.H.S. highly enough! He was able to help me find the best policy that suits all of my needs. Since then, it's been 5 years without any claims!

Rianne Van Wyk Business Owner, Johannesburg