Sentences with phrase «death of a key employee»

Company - owned life insurance is one way to help protect a business from financial problems caused by the unexpected death of a key employee, partner, or co-owner.

Key Person: «Key man» insurance protects the business from a financial loss due to the sudden death of a key employee.

You can't count on cash flow to for sure be there when needed, like for the unexpected death of a key employee.

Corporate owned life insurance to cover the untimely death of a key employee or to fund a business perpetuation agreement

One event that can seriously harm, and even put a company out of business, is the unexpected death of a key employee, salesperson, partner, or executive.

It may be used as a funding mechanism for your buy - sell agreement and as business interruption insurance to pay the business for interruptions caused by the death of key employees.

At the death of the key employee, the insurance company will pay the death benefit directly to the business.

Key person insurance protects a business in case of the death of a key employee.

To protect a business in case of the death of a key employee, key person insurance, payable to the company, provides the owners with the financial flexibility needed to either hire a replacement or work out an alternative arrangement.

Company - owned life ins is 1 way to help protect a biz from financial problems caused by the death of a key employee.

Term life insurance can be a powerful tool in making sure a business can continue running even after the death of a key employee.

To protect a business in the event of the death of a key employee, Key Person Insurance, payable to the company provides the owners with the financial flexibility needed to either hire a replacement or replace the financial loss incurred by the business.

Life insurance can do more than help your business recover from the death of a key employee.

Your lender will often seek collateral as security and the death of a key employee may pose too much of a risk to your lender.

You can't count on cash flow to for sure be there when needed, like for the unexpected death of a key employee.

A key man insurance policy can provide your business with liquidity to make - up revenue shortfalls that may arise with the death of a key employee.

What would happen in the event of an unexpected death of a key employee or partner?

Key person insurance protects a business in case of the death of a key employee.

It can be used to shield the company in the event of the death of a key employee.

A business would suffer loss upon the death of a key employee or a key shareholder.

If you use term insurance to protect your business in case of the death of a key employee you should also consider convertible term.

This plan is meant to compensate the company for financial loss incurred due to the death of key employees.