Tag: Business Insurance

The Importance Of Key Person Insurance For Small To Midsize Businesses

Posted: September 25, 2017

Key person insurance is life insurance on a proprietor, partner, or a valued employee who is key to the successful operation of a business. Small and midsize businesses typically have one or a few key persons who are primarily responsible for generating revenue. Examples include the partners in a two-attorney law firm, the sole cosmetologist in a small beauty salon, or the owner-founder chef of...