Key person protection is important for ensuring that your client’s business overcomes the loss of a vital employee. What is your client doing to protect their business if a key person is no longer there to help drive business? Unfortunately, many business owners don’t consider the risks of losing a key person until it is too late.
When it comes to insurance planning, it may be time for producers to have their clients start thinking like business owners. Successful companies know that losing a key individual can lead to numerous problems, many of them financial.