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Key Person Insurance
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The loss of an owner or key employee can devastate a business. An employee with unique skills may be nearly impossible to replace, leaving the business temporarily unable to meet the needs of its customers. The death of a key person can have a dramatic impact on a business:
Loss of earnings
Loss of reputation
High cost to replacement
Key person insurance can help your client's company by providing the necessary funds to bridge the gap and recruit the staff needed to keep the business moving. Key person insurance is a life insurance policy for an owner or key employee where the company is the beneficiary. It's ideal for:
Protecting the business from the death of an owner of a business.
Protecting the business from the death of key employees whose special abilities are critical to the smooth operation of the business.
Satisfying the need of major creditors who may require key person insurance.
Talk to your business clients about protecting their businesses with a key person policy. It’s easy to apply. Just go to Symetra Express, our online quote and apply tool.
Marketing tools to support the sale
Business Solutions Brochure LS-6371
Key Person Insurance Brochure LS-6244
Key Person Insurance Customer Mailer LS-6245
Key Person Prospecting Letter LS-6253
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Get a quote on Symetra Express