Key Man Term Life Insurance Quotes

How would your business suffer financially if the key person driving revenue and success suddenly passed away? You can easily protect yourself and your business by insuring this key employee through a key person life insurance contract. Key person insurance is a life insurance policy purchased on the life of the owner of a company or a key individual in your company. The intent of the life insurance policy is to protect the financial success of a company due to the death of that employee. An inexpensive term life insurance policy is typically the best fit for a key person life insurance policy. The company can use the insurance proceeds to supplement lost income and cover expenses until an adequate replacement, (key person) can be hired. You have worked hard to build your business. For pennies on the dollar, it's time to protect yourself from any potential loss.

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