Did you know that most Americans aren’t insured at all, or are extremely underinsured? It’s a sad fact. I know that most everyone is uncomfortable with the whole talk about life insurance, but it’s my job to make sure you step out of that comfort zone and think about all possibilities. The fear is the unknown makes you, well, fearful, but it must be addressed sooner than later in order to run a proper business.
A business absolutely cannot run successfully without its Key Employees, which are the reason the business has gotten to where it is today, and will be the reason for its long-term, continued success. This is a necessary type of Business Continuation coverage.
Life insurance for key employees is a policy that would pay you as a business owner in the event of the employee’s death, so that a qualified replacement could be obtained. Often times these employees are expensive to hire and maintain, so naturally a qualified replacement may be costly, hence the need for insurance. Things to also keep in mind is the amount of money a business can lose without a key employee, over time.
What if your employee dies and it takes you 6 months to find a decent replacement?
How much money could the business lose during that time?
For more information about obtaining a Key Employee Insurance policy, contact us today.
As one of the most experienced brokerage companies from San Antonio, Texas, we are eager to help you save money and secure the future of those you love.
San Antonio Residents: Visit our site, www.sanantoniolifeinsurance.com
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