Key Man Life Insurance

Key Man Survivorship Life Insurance

Key person insurance is simply life insurance on the key person in a business. In a small business, this is usually the owner, the founders or perhaps a key employee or two. These are the people who are crucial to a business--the ones whose absence would sink the company.

Key Features:

  • Permanent coverage
  • Provides a guaranteed death benefit
  • Can provide lifetime coverage
  • Has the potential to build cash value
  • Features a tax-advantaged death benefit
  • Includes the ability to access money in your policy
  • Offers riders to customize your policy
  • Can be used for supplemental retirement planning
  • Can be sheltered in an irrevocable life insurance trust

Coverage amounts from $100,000 to $30,000,000.
Available through Legacy Quote Insurance
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Benefits of Key Man Insurance

Why do you need Key Man Insurance (Key Person or Key Man Insurance)? As an owner or partner of the company you know your company will eventually bear the loss of a key executive or partner, the question is what are you going to do about it. Don't wait until it is too late. Who will lead your company when the CEO retires? What if your top salesperson or partner becomes permanently disabled?

Legacy Quote specializes in helping companies and partnerships of all sizes protect their crucial business assets with Key Man Insurance.

Legacy Quote provides competitive strategies to exceed your subsequent business succession planning needs:

Whether your company is a start-up firm needing Key Person Insurance to secure financing or an existing profitable company requiring Business Succession Planning, Legacy Quote provides the Business Life Insurance and Disability Insurance proficiency necessary to ensure your company receives an exceptional solution for the most significant value.

A properly structured Key Man Insurance policy is usually the difference between a company that continues operations uninterrupted and continues moving forward and one that's compelled to liquidate and shut its doors in times of a sudden loss of a Key Employee/Owner/Partner. Is your company or partnership prepared?

Insurance Quotes on Key Man Policies

If you want the most competitive quotes on Key Man policies, Legacy Quote has access to the leading and most competitive policies available. Call us so we can prepare the most competitive quotes available or click here to email us information.

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American General John Hancock Legal General Protective Life Prudential

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