Key person insurance protects businesses from the loss of essential employees. Coverage for business disruption and replacement costs.
Key person insurance protects your business from the financial impact of losing essential employees. It provides funds to maintain operations and find suitable replacements.
Small businesses are especially vulnerable to losing key personnel. Key person insurance provides the financial cushion needed to survive the transition period.
This coverage is often required by lenders and investors who want to protect their investment in businesses that depend on specific individuals.
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