Key Person Insurance
Protect your business against the loss of an owner or irreplaceable employee.
If losing a founder, top salesperson or critical employee would seriously hurt your revenue, key person insurance pays your business a lump sum to weather the disruption, recruit a replacement and reassure lenders. 1 in 4 businesses lack this critical coverage.
Who it's for
Coverage built around your needs
Revenue Protection
A lump-sum benefit replaces lost profit while the business stabilizes after losing a key contributor.
Recruiting Runway
Funds the time and cost to find, hire and train a qualified replacement without cash-flow panic.
Lender Confidence
Many loans and covenants require or favor key person coverage — it keeps financing intact.
Convertible Value
Structured on permanent policies, key person coverage can build cash value the business can later access.
What this protects
- Lost revenue during transition
- Cost to recruit & train a replacement
- Loan and covenant requirements
- Reassurance for partners & investors
- Optional cash-value accumulation
- Owner or critical-employee lives
Carriers we shop for this
Key Person Insurance questions
The business owns the policy, pays the premiums and is the beneficiary. The insured is the key person. If that person passes, the company receives the benefit to offset the financial impact.
Related solutions
Buy-Sell Agreements
Life-insurance-funded agreements that keep your business in the right hands.
Executive Bonus Plans (§162)
Reward and retain key talent with tax-deductible life insurance benefits.
Commercial P&C
General liability, property, workers' comp, cyber and more — shopped across A-rated carriers.
ਇੱਕ ਮੁਫ਼ਤ, ਬਿਨਾਂ ਦਬਾਅ ਵਾਲੀ ਬੀਮਾ ਸਮੀਖਿਆ ਲਈ ਤਿਆਰ ਹੋ?
ਇੱਕ ਲਾਇਸੰਸਸ਼ੁਦਾ ਸਲਾਹਕਾਰ 40+ ਕੰਪਨੀਆਂ ਦੀ ਤੁਲਨਾ ਕਰੇਗਾ ਅਤੇ ਤੁਹਾਡੀ ਭਾਸ਼ਾ ਵਿੱਚ, 24 ਘੰਟਿਆਂ ਦੇ ਅੰਦਰ ਤੁਹਾਡੇ ਸਭ ਤੋਂ ਵਧੀਆ ਵਿਕਲਪ ਪੇਸ਼ ਕਰੇਗਾ।