You have a Key man in your company and Key man are the who is crucial to your business. Whether they are the boss, partner, director or an employee, without them, it will be a loss in management efficiency or financial revenue to the company. Therefore, you need key man insurance on those people!
Here is an example of a scenario that might happen
A business owner started a golf vacation business in the winter of 1997. His employee, Tom worked diligently for years. Then one night Tom was killed in a car wreck. He was 35 years old. After that incident, the business owner tried to deal with the magnitude of that loss, he also had hiring, training new employees, vendors and customers to think of. No one planned for this to happen. But it did happen, and we had to manage the after effect. Tom did not have key man insurance, and the company struggled for almost two years before it recently got back on solid footing. While key man insurance wouldn’t have brought Tom back, it would have taken a major worry away from his grieving family and employees.
Look at your business and think about who is irreplaceable in the short term. Our Key Man protection plan will provide the payoff to cover those unexpected loses.