Key Person

Keep your key people covered

What if your founder or chief officer suffered sudden disability or death? How would your business move forward? It’s hard to be prepared for the difficulty the loss of a leader might entail, but investing in a Key Person, or Key Man, policy from Salem Five can help you through the transition. Covering a specific person in your business, like an owner or CEO, Key Person coverage accounts for their sudden loss. In addition to specific coverages—such as life, disability, and trauma insurance—a Key Person policy can help cover financial losses and loan payments following any issue and keep you up and running through change.

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