Key Person Insurance
Does your company have one or a few employees on which a large portion of the revenue depends? This is entirely common, but you must consider the consequences if that individual were to pass on. There is a form of life insurance designed to protect your business from just such an event.
If that person is young and healthy, then the risk is low. Likewise, the cost for this coverage is typically very low. Think about what that loss would mean to your business, and call a Caton Hosey Business Insurance representative to learn more about Key Person Insurance. We are standing by to answer your questions.