Protect your business with a key person policy
With a key person policy, refrain from your company becoming vulnerable due to the death of a valuable employee. Losing a key member of your company is always difficult and can also be very detrimental to the flow of your business. A key person life insurance policy not only offers a death benefit to help lessen the financial burden from the loss of an employee but it can ensure that your business operates as smoothly as possible.
Planning for the unforeseen shows foresight. Being prepared for unforeseen circumstances can ensure you’re able to handle any situations that come your way. Thinking and planning ahead can help you maintain the success of your business and the relationships between management and employees.
Death benefit can provide you financial support to recruit a replacement. With a key person policy, the company opens a life insurance policy for a key executive or employee of the business. In the event of an employee’s passing and with the company as the beneficiary, the death benefit can help your company go through as little financial woes as possible, making sure the funds necessary to recruit a replacement are available.
My agency knows the marketplace. We have extensive experience and knowledge when it comes to life insurance and we can find a key person life insurance policy that benefits your company. Replacing a valuable employee costs time and money and we know how important smooth business operations can be so we’re here to help you find the best way to accomplish that in the midst of dealing with a tragedy.
We’ll use the right formulas to determine the death benefit amount. We carefully calculate the amount of death benefit your company would receive should something occur to a key employee, so you know how to be prepared. It’s better to have a plan in place for the future than to be without one.
Call us at (818) 404-1446 to learn how you can financially protect your company with a key person policy.