Key person life insurance is a type of policy that provides a death benefit to a business if an owner or other key employee passes away.
Life insurance on a key employee, partner or proprietor on whom the continued successful operation of a business depends. The business is the beneficiary under the policy. Key person insurance is ...
Lenders and investors may view a business as a higher risk without a contingency plan for losing key personnel. Having key ...
Startup founders may have a lot on their plates as they begin their new venture, but they need this type of coverage.
The policyholder is the person who owns the life insurance policy and is responsible for paying the premiums. The policy usually insures the policyholder, but you can also purchase and manage a ...
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How Key Person Insurance Can Protect Your BusinessKey person insurance is a type of life insurance policy for businesses to protect themselves in the event of the death or work-ending disability of a key employee. CEOs, founders, key leaders or ...
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