Key man insurance is a life insurance policy taken out by a business on a crucial team member whose loss would significantly impact operations.
The business pays the premiums and receives the payout if that individual passes away or becomes incapacitated. This financial support can help cover lost revenue, recruit and train a replacement, or keep the business running during a difficult transition.
At Vega, we guide you through choosing the right key man insurance to protect your business’s stability and future.
