Behind every business are leaders who play a vital role in the organization. If you lose one of those key players unexpectedly, say to death or disability, the business will suffer. That is, unless you're prepared to make a swift transition to comparable talent.
Of course, that effort requires money, ready on a moment's notice - in the right amount. You can count on key person insurance to deliver the financial resources you need on time, but it takes some thought to make sure it delivers enough - the person's true worth to your organization. To measure that, we consider all the quantitative and qualitative factors that affect key person valuation including:
|
