Key Person Disability Insurance Premiums
It’s time to clear up some confusion about key person disability insurance premiums. Even though the policy provides coverage for financial losses associated with the disability of an employee, key person disability insurance performs differently than individual disability insurance. Here’s what you need to know about coverage and payments, including how key person disability insurance […]
Key Person Disability Insurance: Strategies for Educating Customers
Although most modern businesses seek ways to treat their employees equally and offer a good work environment for all, the value added to the business by each person can differ. Often there are a few employees with highly specialized skills that are strongly connected to revenue. When scenarios arise, businesses need to consider what do […]
Get Key Person Disability Insurance for Your Rain Makers
The business scenario: John Halen was the top sales person in the company … by far. The revenues generated by John surpassed those generated by three other sales professionals combined. The owner of the company, Marci Zanes, shuddered to think of what might happen to all of them if something happened to John.
Key Person Disability Insurance is a Lifesaver in These 6 Scenarios
Business owners know how much hard work goes into keeping a business afloat. They work hard every day, but they can’t do everything themselves. As their business grows, they need to take on more employees, and they depend on them to do their jobs. Life, however, can have other plans. An injury or illness could […]
Key Person Disability Insurance: Do Your Business Clients Need It?
Most businesses run like a well-oiled machine. To operate smoothly, every piece of the machine has to work at maximum efficiency. So, what happens if an essential person in the business is suddenly unable to contribute? What if a top leader or sales professional becomes disabled and unable to work?
Do Your Business Clients Need Key Person Disability Insurance?
Key people are employees who contribute a large percentage of an organization’s sales, growth, and consequently, income. But what if an unexpected injury or illness was to disable one of these key employees? Waiting for the employee to recover or finding a suitable replacement could take quite some time.
Unlocking the Need for Key Person Insurance
Key Person Disability Insurance delivers cash benefits to a business in the event a key employee who is critical to the success of the business can’t perform their substantial and material duties due to sickness or injury.