Key person, also known as key man life insurance, is a specialized policy a business can purchase for an owner or partner, key executive or another employee considered critical to business operations.
Key person insurance, or contract frustration insurance, is a crucial risk management strategy for startups that rely heavily on specific individuals for their success. This type of insurance provides ...
Lisa Zeiderman, Esq., CDFA, CFL, a Managing Partner at Miller Zeiderman, LLP, is a matrimonial and family law attorney based in New York. Life insurance isn’t just for individuals. If you own a ...
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How Key Person Insurance Can Protect Your Business
Key person insurance can help your business avoid financial burdens if a critical employee, like a CEO or founder, passes ...
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