Executive & Key Person Planning
Your people are your greatest asset. Protect your business from their loss, and reward them for their loyalty.
Talent Management Meets Risk Management
In today's competitive landscape, retaining top talent is just as critical as protecting against their loss. Our executive planning strategies do both: they provide a safety net for the company while offering attractive benefits to your most valuable team members.
Key Person Insurance
Protection against the loss of revenue-generators.
Key Person Insurance is a life or disability insurance policy taken out by the business on a key employee. The business pays the premiums and is the beneficiary.
Why you need it: If your top engineer, salesperson, or visionary founder dies or becomes disabled, the policy provides cash to:
- Recruit and train a replacement
- Offset lost revenue during the transition
- Pay off debts or reassure creditors