Key Man Insurance Protects
Key Man insurance protects a company against financial loss resulting from the death of a key employee. Key employees could be C-level executives as well as high performing individuals in the day-to-day operation of the business. These individuals are so critical to the success of the company their loss would result in a significant financial impact to the corporation.
Key Man insurance provide assurance for business continuity and liquidity to stabilize the business and maintain operations.