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Key Man

What is Key Man insurance? 

It is business-specific insurance that covers financial losses incurred by a business due to the loss or incapacity of its key employees.

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Key employees can include executives, senior managers, technical experts, etc. Financial losses can result from loss of turnover, additional costs to replace the key employee, etc.

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Important to know

It is important to understand key person insurance needs for businesses and consult an insurance broker or insurance advisor to assess needs and find a suitable policy.

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