– Key Person Insurance

Key Person Insurance

Thanks to their size, small businesses usually rely on a few key people to keep operations running smoothly. Whether it is a front-line supervisor that runs the crews, a senior leader for slightly larger business, or the founder and owner of a company, the absence of key people can really cripple short-term results which can potentially place long-term business viability at risk.

Key Person Insurance is a risk management tool that helps to cover the loss of a valued contributor due to death or disability.

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What is Key Person Insurance?

Most business owners understand that assets vital to the success of the enterprise should be insured.  Premises are routinely covered for fire and/or theft; vehicles …

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How Much Life Insurance Does Your Business Need?

It is common business practice for a company to use corporate owned life insurance in several situations.  This article will identify those situations and discuss …

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