KEY PERSON INSURANCE
If your business depends on certain important people like the owners, founders, or even a key employee or two, having key person insurance can help your business recover from the loss or disability of someone who is invaluable to your company.
If an insured employee or owner were to pass away or become disabled and unable to work, the benefits payable from a key person’s life or disability insurance plan could help you with things like recruitment, payments, business survival, company’s financial health and much more.
Think of how hard you have worked and what resources your business would need to deal with in case of an unexpected departure. You wouldn’t want it to fail as a result of inadequate planning, nor burden your estate or employees with an overwhelming challenge. Contact us to learn more with one of our employee benefit advisors.