Key Person Disability Insurance
One of the most important types of insurance that an individual can possess is disability insurance. This can be true for a business as well. A business that depends on a key employee or employees should have key person disability.
This coverage is important when the disability of a crucial employee can do severe damage to a company. If your business would have a difficult time surviving if your most productive sales people, or other key employee, were disabled for a long period of time, a key person disability insurance policy should be considered.
A key person disability insurance policy protects the business by compensating it for the loss of an employee due to a disability. Key person life insurance should also be considered.
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