- What would happen to your business if you lost the services of a key person?
If a key person suffered a disability, critical illness or passed away, how would you cover the business slowdown and recruitment costs? You can purchase life, disability and critical illness insurance on each of the key people in your company.
- A common strategy for life, disability and critical illness insurance is for the company to be owner and beneficiary of the policy and then use the benefit to help replace lost revenue and hire a talented replacement.