( Insurance : Commercial insurance )
insurance1, insurance2, insurance3
A consideration applicable to business owners is key man insurance for the person or people essential to your business operations.
Key man insurance could help your business get through a period where a director or top salesman was
critically ill and could not work for months, or perhaps was forced to retire.
Key man insurance is an insurance policy taken out by a small company on the life of a senior executive
whose death would create a serious loss.
Collins English Dictionary. Copyright © HarperCollins Publishers