Key Person Life Insurance Protect the continuity of your business. Key person life insurance for your business. Home » Business Insurance » Key Person Life Insurance Key person life insurance can keep your business afloat in the event of the death of any employee who is an integral asset to the company’s survival. We’ll work with you to design coverage that helps assure the continuity of your business for employees, customers, and creditors. Insurance coverage that businesses should not overlook. You might describe the skills and knowledge of the senior staff as priceless, but if anything happened to them, the financial losses for your business could be very real. That’s why you need to safeguard the future of your business with key person life insurance. Ensure the continuation of your business. Where ordinary life insurance compensates a person’s financial dependents for loss of income, key person life insurance is all about the costs a business faces when the person dies. It’s best suited for staff who are so vital to the company’s operations that it could struggle to survive without them. What does key person life insurance have to offer? The payout from a key person life insurance policy will ideally help the company stay afloat while the other members of your staff come to grips with running the business, or until your business hires a suitable replacement and brings them up to speed. Additional payout options for every situation. In the worst-case scenario, the payout could instead be used to wind down operations in a controlled manner rather than face the chaos and damage of a forced liquidation. In addition to paying out when a key staff member has passed away, some key person policies will also pay out if the person is diagnosed with a terminal illness or suffers a critical illness that means they can no longer work. Key person life insurance is a great way to protect your business. If you think this might be a good fit for your business, let us know. We can walk you through your options. Get Started Today As an independent agency, we are here to help you find the right Key Person Life Insurance coverage. Get a Quote Contact Us Brentwood, TN Insurance 1620 Westgate Circle, Suite 120 Brentwood, TN 37027 Follow Us on Social Media Key Person Life Insurance Quote Request As an independent agency, we are here to help you find the right coverage. First Name* Last Name* Email* Phone Number* Do you currently have insurance?* Yes No File Upload (If Applicable) Max. file size: 300 MB. Inform us of your insurance needs.* Submit Get a Quote It only takes a minute to get started. Fill out the form, we’ll be in touch. Review options with an agent. Get the coverage you need. Would you rather discuss this in person? Get in touch with an agent today! Contact Us About King & Associates Insurance Taylor & Associates Insurance, LLC, dba King & Associates Insurance, is an independent insurance agency offering a comprehensive suite of insurance solutions to protect you from the unexpected. Privacy Policy | Website Accessibility Personal Insurance Home Insurance Auto Insurance Renters Insurance Condo Insurance Motorcycle Insurance See All Business Insurance Business Owners Insurance Commercial Umbrella Insurance Key Person Life Insurance Hospitality Insurance General Liability Insurance See All Contact Us Brentwood, TN Insurance 1620 Westgate Circle, Suite 120 Brentwood, TN 37027 615-329-8121 800-450-4305 toll-free Email Us © 2021 King & Associates Insurance. All rights reserved. Powered by Forge3 ActiveAgency. We invite you to contact us concerning your specific insurance needs. Get a Quote Contact Us