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Some examples of key employees are as follows:
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Individuals with creative skills or technical
knowledge that cannot easily be replaced. These key employees
may be software developers, inventors, scientists or
anyone with a niche talent that cannot easily be replaced. |
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Top sales professionals that have extensive experience
and continually exceed sales goals or have great relationships
with vendors and high end customers. |
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Executives that are responsible for managing the daily
operations of the company or are responsible for a special
project or development program. |
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Someone whose death or disability would negatively
impact the businesses credit or financial solvency. |
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Business partners that need to be protected in the
event of death or disability. At the death or disability
of one of these business owners, the family members share
in the company must be purchased. |
Key employees are individuals that have such an influence
on the ongoing success of a business that their premature
death or disability could result in the eventual demise
of the company.

If you
have questions regarding your company’s need for
key person insurance, call MEG Financial today at (877)
583-3955 or complete a simple
online form now. A licensed insurance professional will review your circumstances
and determine if key person life or disability insurance
is something you should be considering.
Helpful Information on Key Man Insurance What
is Key Man Insurance?
Why
should I buy Key Man Insurance?
Who
needs Key Man Insurance?
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