What Is Key Man Insurance?
Key man insurance, otherwise known as key person or key employee insurance, is coverage which can help protect your company in the case of untimely death or disability of a top salesperson, executive or business owner.
A key man life insurance policy provides peace of mind to business owners and shareholders alike knowing the business can continue operations without major disruption in the event of the loss of a key employee. If death or disability strikes, key person insurance may be the difference in your company’s ultimate survival.
