Key Person Insurance provides financial protection to your business in the event that a crucial employee, founder, or executive unexpectedly passes away or becomes disabled. For many companies, success depends heavily on a few key individuals whose expertise, relationships, or leadership drive profitability and growth. Losing that person could lead to operational disruption, lost revenue, or the need for costly replacements. With a Key Person Insurance policy, the business receives a tax-free payout that can be used to cover expenses, recruit and train a successor, or stabilize finances during the transition. It’s an essential safeguard that ensures your business remains strong and resilient—no matter what the future holds.