Whether you are a small business owner or running a national corporation, you have employees who are vital to your day-to-day operations. Without these key employees, you may not be assured of your long-term success. If your company employs individuals that are vital to its success, Key Person Insurance can protect you from the chaos caused by their abrupt absence due to disability or death.
If one of your key employees becomes disabled or dies, Insight Insurance offers Key Person Insurance so you can rest easy knowing that your business will continue to find success. In other words, Key Person Insurance can protect your business from financial or operational harm. With Key Person Insurance, you can:
- Purchase company owned life or disability insurance for key individual(s) whereby if the employee becomes disabled or dies, the policy pays the company
- The Company can use benefit proceeds to compensate for financial loss and to cover temporary and/or permanent replacement costs
- Receive liquidity needed to protect cash flow and maintain company operations
Insight Insurance can assess your company’s needs and provide Key Person Insurance policies to protect your business. Contact us today to find out more.