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Key Person Fact Finder

Key person insurance protects the business from the loss of a key employee. The company purchases and owns a life insurance policy on the key employee. The life insurance will provide the company with the liquidity needed to keep the business running in the event of a premature death. The insurance provides cash needed to hire a qualified replacement and/or to purchase additional human capital or assets necessary to keep the business operating. The insurance may also help replace lost profits.

 

In order to gather information necessary to quote, please use the Key Person Fact Finder. For questions or additional information please contact Jack Peterson at 319.268.7112 or jack@pipaclife.com