Many businesses have a key employee, who’s contribution make the business more successful and profitable. This person’s absence would greatly affect the everyday operation of the business. We can help design a plan to help retain the key person and also protect the business from the financial loss that would be felt in the event of death or disability. Key employees are one of a business’s greatest assets, protecting the business from loss and retaining the employee can be essential to continued success.
At Barlow Insurance Group we have worked with many small to mid-sized businesses developing specific plans to help retain a key employee and protect the business in the event of an unforeseen death or long term disability.
Key Employee Life Insurance
A life insurance policy owned by the business to protect from the financial loss which would occur in the event the key person were to unexpectedly die.
Key Employee Disability Life Insurance
A policy owned by the business to protect the business in the event the key person were to become disabled.