Key Person Insurance
Key Person Insurance
In every successful business, there are individuals whose knowledge, skills, or leadership are vital to the company’s success. Key Person Insurance is designed to protect your business from the financial impact that may occur if one of these crucial team members—such as an owner, executive, or top performer—passes away or becomes disabled.
This coverage provides your company with a financial safety net, allowing you to manage losses, maintain operations, and recruit or train a replacement without jeopardizing your business stability. It helps cover lost revenue, debt obligations, and investor confidence during critical times.