Life And Health, Business Exposures
Loss of a key person due to death, disability, sickness, resignation, incarceration, or retirement. Because of the expertise of such an individual, there could be a loss of income, market share, research and development advantage, and line of credit by the firm. Also, there are extra expenses associated with training a replacement for a key person. Coverage for many of these exposures is available under key person life and health insurance.
Popular Insurance Terms
Search engine site that emphasizes the fields of environmental risk management, environmental engineering, environmental planning, physical and biological sciences, and various ...
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Insurance in force previous to the present insurance policy. ...
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Trust that cannot be revoked by the creator. ...
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