Every business has people critical to its success and survival. Losing one of them, due to death or permanent disability, could have a devastating impact on your business.
Our range of life insurance options means you can protect against the loss of a key contributor, protect business partners' interests, and protect against outstanding debts.
Choose the right cover for your business and the amount of cover you need.
Cover the cost of losing critical employees to ensure business can carry on as usual.
Make sure your debt is settled should something happen to your surety.
Covers the cost of buying out the share or interest of a business partner.
You can earn up to 15% of your insurance premiums back in eBucks every month, provided you meet the eBucks qualifying criteria.
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For more information on the eBucks rewards programme, visit www.ebucks.com.
We know how much you value the contribution of your key employees to your business. Losing them means a loss of crucial knowledge, critical skills, deep expertise and, potentially, income.
FNB Key Person Insurance pays out a cash lump sum to your business to help take care of the financial impact of your loss.
The life cover benefit pays out a 100% cash lump sum on the death of the insured employee. It includes a terminal illness benefit that pays out a 100% cash lump sum if they are diagnosed with a terminal illness and have less than 12 months to live.
The permanent disability cover pays out up to a 100% cash lump sum, if the insured employee becomes permanently disabled and is unable to perform their chosen occupation due to disability, functional or severe impairment.
Permanent disability can be taken as standalone or accelerated cover. When taken as accelerated cover, the life cover amount reduces by the permanent disability amount that is paid out.
FNB Contingent Liability Insurance helps protect the future sustainability of your business and ensures that your business's creditworthiness is protected.
The cover pays out a cash lump sum to directly settle any credit facilities and business loans the insured life stood surety for. Once all the debt is settled, any additional funds are paid to the business.
The life cover benefit pays out a 100% cash lump sum on the death of the insured surety. It includes a terminal illness benefit that pays out a 100% cash lump sum if they are diagnosed with a terminal illness and have less than 12 months to live.
The permanent disability cover payout will settle the outstanding debt first and any surplus will be paid to the business, if the insured employee becomes permanently disabled and is unable to perform their chosen occupation due to disability, functional or severe impairment.
Permanent disability can be taken as standalone or accelerated cover. When taken as accelerated cover, the life cover amount reduces by the permanent disability amount that is paid out.
We know how much you value the contribution of a business partner. Losing them may potentially mean you could risk losing the business you've worked so hard to build together.
Buy and sell insurance typically forms part of a buy and sell agreement between business partners. FNB Buy/Sell Insurance pays out a cash lump sum to help surviving partners buy out the share, without any business disruption.
The life cover benefit pays out a 100% cash lump sum on the death of the insured business partner. It includes a terminal illness benefit that pays out a 100% cash lump sum if they are diagnosed with a terminal illness and have less than 12 months to live.
The permanent disability cover pays out up to a 100% cash lump sum, if a business partner becomes permanently disabled and is unable to perform their chosen occupation due to disability, functional or severe impairment.
Permanent disability can be taken as standalone or accelerated cover. When taken as accelerated cover, the life cover amount reduces by the permanent disability amount that is paid out.
