Imagine being so valued by your employer that the company actually takes out an insurance policy in case you leave or pass away. Often called “key person” or “keyman” insurance, this policy offers a lump sum to cover costs like loss of business or training of successors. Usually, these insurance policies are designed to cover the loss of someone who plays a key role in generating profits, or who has a unique skill set.
Essential Employees Insurance
Published On - March 12, 2019
