Many New Zealanders are self-employed or own their own businesses. Small and medium-sized businesses often have one or two key persons whose prolonged absence could put the company at risk. If one of your integral team members is out of action due to illness or injury, your business may be greatly affected or even unable to continue. Insuring key people ensures that if risks arise, your business will be covered to cover expenses, make up for lost revenue or find suitable replacements. Besides, group medical and life insurance, as employee benefits, can help employers retain talents.