What is a Key Person Policy?

What is a Key Person Policy?

Key person insurance is purchased by a business to insure the life of one of the company’s most vital employees. It’s intended to help the company recover from the loss of a key contributor whose death or disability would reduce the company’s value or operational capabilities.

Employees that are typically covered include high-level executives and other decision-makers, employees who are highly visible, top salespeople, and employees with unique knowledge or skill sets.

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Intelliplan designs Key Person Policies to fit your needs

Intelliplan is a complete service provider that evaluates more than the policy in question. When it comes to designing an all star key person policy, Intelliplan analyzes your entire business. This way, when we choose coverage options, there are no loose cracks or costly loopholes.

If you are looking for a hand tailored Key Person Policy, schedule a free analysis with our Intelliplan Pros today. Experience a difference with personalized financial care and independent, custom policies.