Key Man Life Insurance

Chapman Insurance Group wants to make sure your business is always protected – no matter what. If your business depends heavily on one or two people, the best way to protect it is through key man life insurance.

In the event of a key employee’s death, here are some things to consider:
  • There could be a loss of sales and revenue
  • Customers could leave and take their business to competitors
  • Your business could experience high employee turnover
  • Loans and mortgages can be called by the bank if your business has borrowed money

Key man life insurance protects your business by providing cash that makes up for lost revenue, the amount that it costs to train a new employee, and what it takes to pay outstanding loans.

Here are a few of the positions that your business could benefit having a key man life insurance policy for:

Key Man Life Insurance

Business Owner

The person who started the business from the ground and still does work for the day-to-day aspects of the business.
Key Man Life Insurance

Sales Executive

This person has valuable contacts and is responsible for attracting new customers.
Key Man Life Insurance

Technical Employee

This person understands the company’s operations, which is knowledge that’s not easy to replace.
Key Man Life Insurance

Director/Investor

This person has guaranteed loans or provided money to the company for startup costs.

Questions about key man life insurance?
Ask an expert.

Chapman Insurance Group understands how daunting it is to think of losing your livelihood in the event of one person’s passing. Contact an agent to see how key man life insurance can ease your mind.

Key man life insurance near you.

CIG provides key man life insurance to businesses in Port Charlotte, Punta Gorda, Cape Coral, Fort Myers, Bonita Springs, and Naples, Florida.

Your Insurance Expert is Standing By

Chapman Insurance Group wants to help you cover all your bases. Give us a call for a free quote on key man life insurance today.

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