Key person (employee) insurance is a type of life insurance. It usually applies when the company has a very important ‘key’ employee that has very important responsibilities or specialized knowledge or experience. If this key employee died, the company would suffer a financial loss until they could replace this key person. taken out by a company on one of their employees, in which the company is the beneficiary in the case of that employee’s untimely demise.
Strate Insurance Group has many years of experience in providing this type of solution. It is typically not an expensive solution.
Strate Insurance Group offers free, comparative quotes on key person / employee insurance from multiple insurance carriers so you can get the best possible rate.
Want to see how much we can save you? Just request a quote to find out.