Key person life insurance offers a death benefit to compensate an employer for the loss of one of its most valuable assets—a key employee. This compensation is often used to support operating costs and maintain stability of the business after the loss of a key person. This benefit can also help protect against losses in sales, growth, and credit due to the loss of a key employee, and it can be used to assist with recruiting and training a replacement. If your business depends on the knowledge and experience of a principal executive or employee, we can help you identify the best way to protect it from the unexpected.