John Strickland Insurance
What is Key Man or Key Person Insurance?

What is Key Man or Key Person Insurance?

Key person insurance is simply life insurance on the key person(s) in your business.

In a small business, this is usually the owner, the founders or perhaps a key employee or two.

These are the team members who are crucial to a business–the ones whose absence would sink the company.

You definitely need to consider key person insurance on those key team members.

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