Does your business heavily depend on a Key-man or a set of a main players?
It is not unusual for a business to depend on key employees or directors for their financial well-being. Unique talents, education or experience are often the basis of a successful operation, and the unexpected loss of these human assets can undermine a business’ financial stability.
Key-man or Key-person life insurance, structured properly, can provide a business with the funds needed to secure high-cost talent or cover the financial impact of a key person’s death. As with most other aspects of your business, the difference between success and failure is planning and preparation.
Wallace Agency is ready and able to help your company be equipped to handle any unforeseen situations.
Speak with a Wallace Agency agent to make sure you have proper insurance coverage in place.