Meaning key person insurance
What does key person insurance mean? Here you find 16 meanings of the word key person insurance. You can also add a definition of key person insurance yourself
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key person insuranceCompany-owned insurance designed to cover the cost of replacing a key employee if he or she were to die or become disabled.
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key person insuranceDefinition Life insurance purchased by a company or investor on the life of a key executive. Usually the company is the policy's beneficiary. also called business life insurance.
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key person insuranceBusiness-owned life insurance contract typically on the lives of principal officers that normally provides for guaranteed death benefits to the company and the accumulation of a cash surrender value. [..]
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key person insuranceInsurance designed to protect a business against the loss of income resulting from the disability or death of an employee in a key position.
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key person insuranceKey Person Insurance is life or disability insurance on one or more key persons whose loss or unavailability may result in a loss of profit, goodwill, or an increase in expenses. These insurance polic [..]
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key person insuranceAn insurance policy that reimburses a company for the loss of a key employee.
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key person insuranceCompany-owned insurance designed to cover the cost of replacing a key employee if he or she were to die or become disabled.
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key person insuranceInsurance on the life or health of a key individual whose services are essential to the continuing success of a business and whose death or disability could cause the firm a substantial financial loss [..]
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key person insuranceA policy that protects a firm from loss caused by the death or disability of a ‘key person’ within the company.
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key person insuranceAn insurance policy placed on the life of an important person within a company. The policy proceeds are used to offset the loss experienced by the company due to the person’s death.
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key person insuranceInsurance on the life or health of a key individual whose services are essential to the continuing success of a business and whose death or disability could cause the firm a substantial financial loss [..]
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key person insuranceCompany-owned insurance designed to cover the cost of replacing a key employee if he or she were to die or become disabled.
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key person insuranceInsurance on the life or health of a key individual whose services are essential to the continuing success of a business and whose death or disability could cause the firm a substantial financial loss [..]
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key person insuranceCompany-owned insurance designed to cover the cost of replacing a key employee if he or she were to die or become disabled.
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key person insuranceInsurance on the life or health of a key individual whose services are essential to the continuing success of a business and whose death or disability could cause the firm a substantial financial loss [..]
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key person insuranceInsurance designed to protect a business firm against the loss of income resulting from the death or disability of a key employee. The information contained herein is considered accurate at the [..]
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