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Key Man Disability Insurance
Most Companies Don't have it! Most Companies Don't know it is available! |
Key Man/Key Person Disability. OK, a lot of things can happen to a Key person's ability to get up and go to work each day short of dying.
What happens to the Company when the key person is out of order, maybe even permanently?
Well, the bills still have to be paid, orders fulfilled, payroll met etc.
Key person Disability protection comes in two forms.
Form one covers that Key Persons loss of personal income.
Form two can indemnify the company for such things as Overhead Expense.
I strongly recommend Disability protection for any highly compensated individual and person that is Key to the overall operation of a company.
Remember, it's not just the key person that gets protected here. In many cases Overhead Expense coverage could make a difference in the lives of many loyal and dedicated employees. |
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