Recently a popular chef at a local restaurant died in a car accident and business began to fall off sharply. Were it not for key man life policy, which enabled the owners to use the death benefit to ...
Keyman (or ‘keyperson’) insurance is designed to protect your business against the impact of critical illness, terminal illness, or death of your most crucial – or ‘key’ – employees. The purpose of ...
Key man insurance is a type of life insurance policy that companies purchase on the life of a founder, owner or critical employee. It’s also called key person or key employee insurance. Key man ...
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