by Insurance Maze » Mon Feb 25, 2008 06:26 pm
Many businesses are highly successful due mainly to the talents, expertise and efforts of one important manager or employee, sometimes referred to as a "key person".
If you were the business owner and wanted to purchase a "Key Person" Life Insurance Policy, how would you arrive at the "monetary worth" of this individual to your business?
If you were the business owner and wanted to purchase a "Key Person" Life Insurance Policy, how would you arrive at the "monetary worth" of this individual to your business?
Posted: Sun Mar 09, 2008 12:06 am Post Subject:
Can't see how you would come up with that figure. Some people are simply irreplacable.
Posted: Sun Mar 09, 2008 04:34 am Post Subject:
Key man insurance (the value that is) is quite subjective. Sometimes the replacement has a long learning curve. Sometimes they never learn.
Add your comment