Respuesta :
Key person insurance is the policy should the firm purchases from its project manager.
What is key person insurance?
A company will insure its most valuable employee or employees with key person insurance. A disability coverage rider can be added to a policy to assist if a crucial employee becomes disabled. An important employee's death or disability might put a small business at risk; key person insurance can help.
Why would a business owner choose the use of key person insurance?
If the sudden loss of a certain person would have a significant negative impact on the business operations, key person insurance provides a financial safety net. The death benefit simply buys the company some time to locate a replacement or to pursue other business-saving (or business-closing) actions
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