A corporation will often buy key person policies for every member of its management team. (jrcinsurancegroup.com)
If the beneficiaries are from the following group of people the policy is protected under the law: grandparents, parents, spouse, children, grandchildren. (bankruptcy-canada.ca)
And the end result is that the very people your policy should be helping — young first time buyers - will find it even harder to get on the housing ladder. (politics.co.uk)