Key Person Life
Insurance

Key Person Life Insurance is a life insurance policy purchased by a company on the life of a key employee. The purpose of the coverage is to protect the company in the event of an early death of the key employee. Key Person Life Insurance is also purchased as a funding vehicle for companies to recover costs associated with various company benefits, employee and executive benefit programs.

Protect your business

Insure lost revenue, replacement costs, business expenses, and benefit plan liabilities.

We deliver proprietary and institutional life insurance coverage.

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Coverage Amounts

Insure key person from $1,000,000 to $100,000,000+ in death benefit.

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Protect

Insure lost revenue, replacement costs, business expenses, and benefit plan liabilities.

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Speed

Get a quote and preliminary analysis within 3 to 5 business days.

Protect your business

The term Key Person can be measured by several different factors:  (i) Compensation - a substantial compensation package, (ii) Decision Making Power - responsibility for making important decisions or who greatly influences the direction of the business, (iii) Skill or Talent - special skills or talents that would be difficult to replace, and/or (iv) Profits - efforts directly impact revenue and profits.

How It Works

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Quote & Analysis

Gather information on the business, key person, coverage amounts and duration.

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Underwriting

Key person insurance exam and application paperwork (including financial justification).

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Issue Policy

Key person life insurance policy is issued, premium is paid, and manage the policy.