| |
Key Person Insurance
Key person coverage allows a business to insure a key individual whose death or disability would affect its sales, production, or profitability.
- Key person insurance enables a company to re-train an existing employee to fill the vacant position or to hire a replacement.
- In the event that a replacement cannot be not be found, key person coverage helps to compensate for the financial loss.
- Life and/or disability income insurance, owned by the company and payable to the company, can protect its most valuable asset, its good people.
|
|
|
 |
|
|
| |
...in the event that a replacement cannot be hired, key person coverage helps to compensate for the financial loss... |
|
| |
|
 |
| |
Dixon Associates serves companies in Eastern Massachusetts. These products can vary substantially from state to state. These descriptions are based on Massachusetts legislation. |
|
|
