Business Details
Trusted Keyperson Insurance Solutions in Australia
Keyperson Life Insurance has been providing expert keyperson life insurance advice and services across Australia for over two decades. As an authorised representative of Millennium3 Financial Services, one of Australia's largest financial advisor groups, we specialise in tailored insurance solutions to protect businesses from financial disruption caused by the loss of key individuals. Our team combines extensive industry knowledge with a client-centric approach, offering comprehensive strategies including capital protection, revenue protection, partnership agreements, and estate planning.With a proven track record of successful claims assistance and policy management, we prioritise long-term client relationships and ongoing policy suitability. Our senior adviser, Phil Budin, brings over 23 years of experience in business and personal protection needs, ensuring clients receive expert guidance through life's uncertainties. We operate with transparency, providing free initial consultations and maintaining accessibility through multiple communication channels.
Services
Keyperson Capital Protection
Keyperson Revenue Protection
Partnership Protection
Business Will Planning
Business Expense Policy
Self Employed Income Protection
Super Ownership Structuring
Estate Equalisation Strategies
Highlights and features
- 20+ years of specialist experience in business protection insurance
- Authorised representatives of Millennium3 Financial Services Pty Ltd
- Tailored insurance strategies for unique business requirements
- Proven expertise in successful claims assistance and policy management
- Senior adviser with 23 years' experience in protection solutions
Associations and certifications
- Australian Financial Services Licensee 244252
What people say
Exceptional support
Successful claims assistance
Reliable policy management
Tailored insurance solutions
Expert guidance
Services
Keyperson Capital Protection
This insurance safeguards business assets by providing capital to repay debts if a key person dies or becomes disabled. It maintains financial stability during leadership transitions. Our policies ensure business continuity through critical periods.
Keyperson Revenue Protection
Designed to compensate for lost revenue when key personnel are unavailable. Covers replacement costs and maintains operational capacity during staff transitions. Protects against income loss from unexpected keyperson absences.
Partnership Protection
Ensures smooth business transitions through formal buy/sell agreements. Provides tax-effective funding for partner exits due to death or disability. Maintains business value during ownership changes.
Business Will Planning
Establishes clear ownership transfer protocols for business continuity. Addresses asset distribution and funding mechanisms for seamless leadership transitions. Protects family and staff interests.
Estate Equalisation
Creates fair asset division strategies for family businesses. Provides liquidity to balance inheritances when transferring major assets. Ensures equitable wealth distribution across beneficiaries.
People
Phil Budin
Senior Adviser
With over 23 years' experience in business protection, Phil provides expert guidance on keyperson insurance solutions. His expertise ensures tailored coverage that evolves with clients' changing needs.
Questions
What is keyperson insurance?
Keyperson insurance protects businesses from financial loss when a critical team member becomes incapacitated or passes away, covering lost revenue and replacement costs.
Why do businesses need this coverage?
Businesses rely on key personnel for stability and growth. This insurance ensures financial continuity during leadership transitions caused by unexpected events.
How are policy amounts determined?
Coverage considers the keyperson's contribution to revenue, replacement costs, and business debt obligations to ensure adequate protection levels.
Can policies be updated?
Yes, we regularly review policies to ensure they match evolving business needs and changing financial circumstances.
What claim support do you offer?
We provide dedicated assistance throughout the claims process, ensuring timely resolution and maximum support during difficult periods.
Are policies tax-deductible?
Premium structures vary - we help determine optimal arrangements for tax efficiency while maintaining comprehensive coverage.
Reviews (2)
Norna Craven
Nov 14, 2021
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The staff at the Sutherland office have been fabulous & courteous. We have been dealing with them for many years & they have always been so helpful every time. On the ball & fast responses to everything each time. Would highly recommend them.
Steven Kratsas
Aug 15, 2017
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The guys from Keyperson assisted greatly and helped us understand the products best suited for our business. If you want to talk with someone who will bat for you the whole time, check out Key Person for key person / key man life insurance needs.
