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Key Person Life

Key person insurance is purchased and owned by a business on the life of a key employee.

This type of coverage protects the business against financial losses resulting from the death of a valued worker, whether or not the employee is an owner of the business.

Financial Risk Key Questions:
•    Would the financial soundness of the business be threatened by the death of a key employee?
•    Would the business have a difficult adjustment period following the death of a key employee?
The Permanent Life Insurance Solution Provides:
•    Death benefit protection that helps keep lines of credit open
•    Funds to replace and train a new employee
•    Completion of ongoing projects and initiatives

•    Policy cash values through loans and withdrawals to meet unexpected business expenses.
1. Policy loans and withdrawals reduce the policy's cash value and death benefit and may result in a taxable event.
2. Riders are optional and available at additional cost.