Key person life insurance is a type of policy that provides a death benefit to a business if an owner or other key employee passes away.

Life insurance on a key employee, partner or proprietor on whom the continued successful operation of a business depends. The business is the beneficiary under the policy. Key person insurance is ...

Key person insurance is a type of life insurance policy for businesses to protect themselves in the event of the death or work-ending disability of a key employee. CEOs, founders, key leaders or ...