Small Business Idea of the Day SM
07/05/2008
Key person insurance check
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According to the National Association of Insurance Commissioners, about 71% of all small businesses are highly dependent on one or two people, yet only 22% carry key person life insurance. This product provides the business with cash if a key person dies; the company can use the money to replace the key person and weather the period needed to get the business back on track. Learn more about key person life insurance from Insure U for Small Business.