key employee insurance
Definition
A life insurance policy, paid for by the company, to cover the cost of replacing a key person in the company. A key employee policy can either be a life insurance policy, a disability policy, or both.
Recommended Articles from InvestorGuide.com
Related Videos
Featured Advertiser
Nearby Terms
- Kenyan Shilling
- Keogh Plan
- kerb market
- KES
- key
- key employee ins...
- key holding
- key industry
- key lot
- key money
- key performance ...
