KEY PERSON INSURANCE
If your business depends on a key person like the owners, founders or even a key employee or two, having key person insurance helps 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 life or disability insurance plan could help you with things like recruitment, manage payments, business survival, company’s financial health and many more.
More important, don’t put it off. Think of how hard you have worked and what resources your business would need to deal with an unexpected departure. You wouldn’t want it to fail due to lack of planning, nor burden your estate or employees with an overwhelming challenge. Contact us to learn more with one of our employee benefit advisor.