an introduction to
KEY PERSON INSURANCE
Successful businesses often have a key person whose skills and experience are critical to the organization ’ s long-term financial stability . This key person may be the founder / co-founder , director or in any number of positions that are central to operating the business . In the event of their departure or premature death , it ’ s important to safeguard your company ’ s financial health .
Doeren Mayhew Insurance Group knows that the unexpected can happen . That ’ s why we guide business owners in securing the right insurance solutions to protect their future success . Key person protection may cover operating costs related to recruiting , training and replacing individuals who are essential to a business ’ s operations .
20 VIEWpoint Issue 2 | 2022