Key Person Life & Disability
Your key employees are those people with such unique skills and talents (e.g. engineering, finance, marketing) that they contribute greatly to the financial success of your business. If a key employee were to die or be disabled, your organization should be protected from suffering financial losses and expenses such as
- lost sales
- recruiting a replacement
- disruption of production
- financial guarantees
In determining proper coverage, putting a dollar value on a key employee's economic worth may be difficult. There are no hard rules to follow, but there are several methods to determine how insurance may be used. You should contact us to discuss the appropriate level of coverage and options that are available.
