As protection for the company against the financial, commercial and industrial risks caused by the absence or loss of one of its key men, Sogécap* offers its key man insurance plan “Pallia Homme Clé”.
*Sogécap is the life insurance company of the Société Générale Group in France, It is, moreover, the parent company of the local offices of Société Générale Insurance (subsidiaires or branches) outside France.
Key man cover
Keeping the company in business
Protecting the company’s net worth in the event of prolonged or permanent absence of a key man*:
- Drop in turnover
- Expenses of restructuring;
- Loss of know-how.
Double protection
Offers insurance that provides funds for the company in the event of:
- death or total and irreversible loss of autonomy of a key man following an accident or sickness, in which case the company receives a capital benefit.
- a period off work for the key man due to sickness or accident, in which case the company receives a monthly benefit. Work stoppage cover is offered as an option.
Take advantage of attractive tax arrangements
The total premium paid ranks as a tax deductible business expense in the year in which it is paid.
Flexible cover plan
Free choice of:
- Which key persons in the company to cover
- Sum insured
- Premium payment schedule
- Type of covers.
Read more on the Société Générale website for corporate clients (French site)
* A key man is a person whose temporary or permanent absence would generate severe financial, commercial or industrial difficulties for the company. The key man may be a company director, officer or staff member. |