Many companies operate with just a handful if not one person at the helm. As a result, these people become almost irreplaceable. In the same way that term and permanent life insurance protect our loved ones, Keyman Insurance is designed to safeguard the long-term success of today's businesses. The death or disability of a key executive in a corporation or the head of a family business could seriously jeopardize a company's future. Keyman Insurance, partnership protection or share protection insurance is an insurance policy protecting a corporation or business from the death or disability of a key employee. Note: It is not meant to be a replacement or supplement for regular life insurance purchased by an individual for the benefit of his or her family.
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