Key Person

Key Person

Key Person

Small to medium-sized enterprises rely heavily on a key individual without whom the business would struggle to function. A key person is someone whose skills, knowledge, experience, or leadership are vital to the success and stability of the business. This may include founders or key executives.

If a key person were to experience an illness or injury that prevented them from working, the business could face significant challenges or even collapse. This introduces an unacceptable level of risk, especially for the stakeholders who depend on the business’s success.

To mitigate this risk, you can acquire key person insurance.

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.

Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt.

Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem.