Key Man Insurance Quote
Key man insurance, a.k.a. keyperson or key employee insurance is coverage that will protect company in the case of an untimely death or disability of a top salesperson, executive or business owner. Key man insurance provides peace of mind to business owners and shareholders alike knowing that the business can continue operations without major disruption in the event of the loss of a key employee. If death or disability strikes your company, key person insurance may be the difference between the company’s demise and its ultimate success.
Protecting Your Key Employees
As a business owner, chief financial officer or board member, you have a responsibility to your company to make sure that business risk is minimized. Key employee insurance is a cost effective way to eliminate the unnecessary business risk associated with the disability or death of a critical contributor to your organization. But what if a key employee decides to leave your company to start their own business or even worse takes a position with a major competitor?