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Key person insurance, also known as key man insurance, is a type of life insurance policy that is taken out by a business on the life of an important employee, such as a Director or other high-level manager. The purpose of the policy is to provide financial protection to the company in the event that the key person dies or is unable to work due to a serious illness or injury. The death benefit or the payout from the policy can be used to help the company cover the costs of finding and training a replacement employee, or to provide financial stability to the business during a difficult time.
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"He has kept me posted every step of the way and explained everything fully. There were no hidden costs. I would definitely recommend and will not hesitate to use them in the future"
"Very satisfied with the service received ! The advisor was excellent handling our insurance and was very helpful with all questions we had and changing our term twice! Thanks again!"
