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Key Person Insurance

In many small businesses certain employees are crucial to the functioning of that business. Their loss or disability could have an immediate negative impact on profits. This is where Key Person Insurance can play an important role. This type of insurance is bought by the company and in case of tragic circumstances, the benefits are payable to the company to offset lost earnings or sales. A knowledgeable Asset MarketPlace advisor can help you determine what type of insurance is needed and how much insurance is optimal.

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