Key Man Insurance

Protecting Your Business With The Right Insurance

You’ve got a lot on your plate, and it seems like you spend all your time working on the urgent stuff–trying to get your product or service ready, hiring people, figuring out how to increase sales, paying the bills and so on. It’s hard to find the time to consider something that isn’t really urgent but that can be incredibly important, such as insurance–specifically, “key man” insurance.

Key man insurance is simply life insurance on the key person in a business. In a small business, this is usually the owner, the founders or perhaps a key employee or two. These are the people who are crucial to a business–the ones whose absence would sink the company. You need key man insurance on those people!

How do you determine who needs this insurance? Look at your business and think about who is irreplaceable in the short term. In many small businesses it is the founder who holds the company together–they may keep the books, manage the employees, handle the key customers and so on. If that person is gone, the business pretty much stops.

Our expert advisors will help you to determine the needs of your organization. You will have peace of mind, knowing that your hard work is protected.