Protect your people. Protect your business.This cover protects your business if you, your business partner or any key person in your business suffers an illness, becomes disabled or dies.
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What is Old Mutual GREENLIGHT for Business?

What will you do when your key person can no longer work or do normal day-to-day activities? Don't wait for your business to be on a standstill. Get business insurance that covers your business if you, your business partner or any key person in your business suffers an illness, becomes disabled or dies.
Who is it for?
  • This cover is ideal for business owners who want insurance for themselves, key people in their business or their business partners.
  • The cover is also suitable for those looking to stay protected during negative financial impact.
  • This can be used to cover your business overhead costs while you are not able to contribute towards the business’s turnover.
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Want to know more about Greenlight for Business?If you have more questions about Greenlight for Business and its covers, we've answered a few questions below, if you want to speak to a consultant then don't hesitate to call 0860 60 60 67.
  • Options within this cover include: paying out a lump sum to the business if the person who stands surety for business debts suffers a severe illness, becomes disabled or dies; a lump sum pay out to purchase the share of an owner who dies or becomes disabled; a lump sum pay out to the business if any specified key employees suffer a severe illness, become disabled or die; a monthly income is payable to the business for specific business-related expenses.

  • It pays out a lump sum to the business if the person who stands surety for business debts becomes disabled or dies, depending on the option you choose. You have the option of buying life cover, disability cover or both. If you are buying life cover the minimum cover amount is R100 000. There is no limit to the amount of cover that you can apply for, but we will always check to see if it matches the value of your protected business debts.

    For disability cover, if you would like to protect the person standing surety for their entire life (whole-life cover) you can buy cover that ranges from R100 000 to R6 million or R30 million for a specific period (term cover).

  • It pays out a lump sum if any of the business owners become disabled or die. You have the option of buying life cover, disability cover or both. If you are buying life cover the minimum cover amount is R100 000. There is no limit to the amount of cover that you can apply for, but we will always check to see if it matches the value of your business.

    For disability cover, you can buy cover that ranges from R100 000 to R6 million on each business owner’s entire life (whole-life cover) or R30 million for a specific period (term cover).

  • It pays out a lump sum to the business if any of your specified key employees become disabled or die, depending on the option you choose. You have the option of buying life cover, disability cover or both.

    If you are buying life cover you can start at R100 000. There is no limit to the amount of cover that you can apply for, but we will always check to see if it matches the value of the financial contributions made by your key employee to your business.

    For disability cover you can buy cover from R100 000 to R6 million for your key employee’s entire life (whole-life cover) or R30 million for a specific period (term cover).

  • It will pay a monthly income for up to 48 months to the business which can be used to pay for specific business-related expenses while you or a key person cannot work or do normal day-to-day activities. This means that your business will still be able to operate even without your contribution to the business expenses.

    You can buy cover for up to R150 000 each month if you choose cover for a specified period. Or, if you choose whole-life protection you can buy cover of up to R50 000 each month.