KEY PERSON INSURANCE When you run a business, losing a person who is important in your day-to-day functioning can be devastating. Our professional staff at Insureu would love to speak with you about key person insurance. This is one of many life insurance types, but it specifically provides coverage to your business in the case of the loss of an important person. Key person life insurance compares to other types of insurance in that it provides a benefit to your business if the key person dies.
The amount you receive will be dependent on your coverage, but this money can help balance against losses you may incur when you lose someone who is integral to your business’s operation.