It could be an innovative product, cutting edge technology, the ability to raise capital, or attention to the bottom line. The answer is simple – people. From strategic decisions to customer demands, your employees make the company go. But what happens if you lose a key person? Does the company come to a halt? Can you easily replace the revenue, reputation or decision making? How do you get through the transition period?
Key person insurance from EMC National Life is designed to help businesses stay the course when a key employee is no longer present. When a key business person policy is utilized, the proceeds can be used to replace lost revenue associated with the death of a valued employee. This extra income can help keep the company moving forward during a difficult time.
Below is some of the information I would gather from you:
- Obtain basic information about the business
- Identify the key employee and reasons for his or her valued statue
- Gather basic information needed for an accurate quote
- Analyze finances to determine an appropriate amount of coverage
- Review the benefits of different types of insurance products
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