Protection of Your Business from the Loss of a Key Person

By having insurance for an executive or a key employee, you know that your financial results will not be affected in case of death or incapacity. Such insurance simply amounts to a healthy management of your business.

Here are some questions that must be answered in case of the loss of a key person for its impact on the financial situation of your business:

  • To what extent will the profits be affected?
  • Will you incur costs to replace this person (recruitment, education, training or mutation)?
  • Could this loss affect your business’s credit?
  • Do you risk losing key clients?
  • Is your business at risk of losing employees?

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