Key Person Income Insurance Market Aims to Expand at Double Digit Growth Rate: Allstate, the Hartford, Nationwide, AXA
Key Person Insurance is ideal for small businesses that have one or two staff who are key revenue generators, or whose work is vital to fulfilling contracts and keeping the business running. Key people tend to be business owners, specialists, or personnel responsible for critical customer relationships. A business can take out Key Person Insurance on any employee they consider to be a key person, within certain parameters.
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