KEY PERSON PROTECTION COVERAGE MARINA DEL REY CALIFORNIA
DOES THE SUCCESS OF YOUR BUSINESS DEPEND ON A FEW KEY PEOPLE?
KEY PERSON LIFE INSURANCE CAN HELP ENSURE THAT YOUR BUSINESS CONTINUES TO BE SUCCESSFUL, EVEN IF YOU LOSE THEIR EXPERTISE.
ADVANTAGES OF KEY PERSON COVERAGE
- Reduces or eliminates the risk your business will face following the death of a Key Employee
- Expenses resulting from the death of a Key Employee are no longer unexpected or unmanageable
- Funds are available to hire and train a New Employee
- 100% selective - covers only those you feel are most important to the future of your business
- Life Insurance Benefits are received income Tax-Free by the business
KEY PERSON LIFE INSURANCE PROVIDES THE RESOURCES YOUR BUSINEss needs to keep going
- You and your Life Insurance professional determine the final impact the loss of a Key Employee will have on your business.
- Your company buys, owns, pays the premiums on, and is the beneficiary of the Life Insurance Policy covering the Key Employee's life.
- At the death of the Key Employee, the Life Insurance Policy pays your company an income Tax-Free Benefit.