Key person, also known as key man life insurance, is a specialized policy a business can purchase for an owner or partner, key executive or another employee considered critical to business operations.

Key person insurance, or contract frustration insurance, is a crucial risk management strategy for startups that rely heavily on specific individuals for their success. This type of insurance provides ...

Keyman (or ‘keyperson’) insurance is designed to protect your business against the impact of critical illness, terminal illness, or death of your most crucial – or ‘key’ – employees. The purpose of ...

Just as moms are often taken for granted for all they do to keep a household running, businesses often overlook the key employees who play a pivotal role in their day-to-day operations, ...

While every employee is valuable, some–your key employees–may be more valuable than others. Key employees can be found in every department, from administrative to management. They may be a ...

With a focus on business owners and business needs, Principal has life insurance options that scored very well in our evaluation Written By Written by Insurance Senior Editor, Buy Side Amy Danise is ...