Owning a business is one of the greatest achievements and thus it is essential that business ownerstake measures to ensure that they protect their business and their employees. One of the most important things that businesses should consider ishow to protect your business against situations which may threaten the operations of the business e.g. death or disability of the business owner or key employee. Key person insurance can help you hedge the loses which may arise as a result of sudden death or disability and prevent potential risk of continuation of the business as a profitable entity.
Key person insurance