Key person insurance
Protect your business resources.
Our team will help, support, and guide you to find the right insurance approach to ensure your business can continue if the time comes that you’re not there in your key role.
In the business world, change is a constant and protecting your business today may be quite different a decade on from now.
Key man insurance is simply life insurance on the key person in a business.
A company purchases a life insurance policy on the key employee, pays the premiums and is the beneficiary of the policy. If that person unexpectedly dies or is incapacitated, the company receives the insurance payoff.