Key Man Insurance And Corporate Planning

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Key man life insurance, also known as key person insurance, exists to protect companies from the loss of people who are vital to the function of their business. The idea is that a contribution of some employees is so large that the risk their potential loss is worth paying to ensure against. We are not talking about typical employees here, we’re talking about employees with super-specialized knowledge or those who bring a completely original or unique contribution to an enterprise. They could be Continue reading “Key Man Insurance And Corporate Planning”