key person insurance
Definition
Life insurance purchased by a company or investor on the life of a key executive. Usually the company is the policy's beneficiary. also called business life insurance.
 Cite this definition
'key person insurance
' appears in the definitions of these terms on BusinessDictionary.com
key employee insurance
Related Research Articles from the InvestorGuide.com University
Introduction to InsuranceFind out how to protect yourself by learning the basics behind insurance and what factors should be considered when purchasing insurance. 
Disability and Long Term Care InsuranceEverything you ever needed or wanted to know about disability and long term care insurance. Disability topics include short and long term disability, and social security. Long term care topics include information on policies and why you should seriously consider this type of insurance.
Life InsuranceIncludes all you need to know about provisions and types of life insurance policies. Learn about incontestable provisions, suicide provisions, reinstatement clauses, excluded risks, and settlement options. Once you speak the lingo, read up on the different types of life insurance: Term life, cash value, whole life, single premium life, universal life, variable life, and variable universal life.
Featured Sponsor
Start earning $200 to $900 a day working at home. No experience necessary. Money-back guarantee.
|
