Key person (employee) insurance is a particular type of life insurance policy taken out by a company on one of their employees, in which the company is the beneficiary in the case of that employee’s untimely demise.
Key person insurance is a relatively new insurance coverage, but has attracted much praise and is encouraged by many strategic advisors. Life insurance is basically a system by which a fixed amount of money is paid to a beneficiary in the event that the person being covered dies.
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Life Insurance FAQs
How Do I Know If I Need Life Insurance?
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Key person (employee) insurance is a particular type of life
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Homeowners policies cover you in a home or an
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How Do I Know If I Need Life Insurance?
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Whether it's a minivan with eight seats, a sporty coupe with two - or even a motorcycle - we can help you protect it. Find out more about the extras that are available with an ERIE auto policy.
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