Many companies have important key figures whose expertise and talents are crucial to maintaining profitable and productive business operations. From the savvy and influential executive to the creative thinker behind the company’s greatest ideas, Boynton Insurance Group knows that some talent is simply too difficult to replace.
Key Person, or Key Men, Insurance provides financial support for business owners in the event that death or permanent disability results in the loss of an employee who is essential to business operations.
This policy helps assure that business can continue as planned while you look for a suitable replacement. In addition, it affirms the importance of the talent that the Key Person brings to your business.
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Several business benefits are built into your Key Person Insurance policy with Boynton Insurance Group, such as:
- Coverage that acts as a business asset for enhancing your company’s creditworthiness
- Cash value of the policy that may be available to your business as a loan if needed
- A policy that can be converted to a retirement bonus for the key employee
At Boynton Insurance Group, our professional and knowledgeable insurance specialists are sensitive to your needs as a business owner and dedicated to providing all of your commercial insurance solutions. Talk to a representative today to learn more about what Key Person Life Insurance can do for your business.
Your goal as a business owner is to keep your employees happy and, in turn, keep your business running smoothly.
At Boynton Insurance Group, we understand that necessity. Our representatives are here to help you create an insurance package that fits your business’s needs. Call today to set up a consultation.
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Boynton Insurance Group will help your business identify critical insurance risks and provide solutions for managing and transferring those risks. We can help you professionally respond to the insurance requirements of those contracts you hold with your clients. Our agency can provide various types of insurance for your business, including Workers Compensation, Property & General Liability, Electronic Equipment, Crime Insurance (including 3rd party), and more. A careful and customized review of your current coverage, business operations, and plans for future business development can help you gauge your business' particular risks. Our Technology Insurance Specialists are ready to guide your business with personal consultation and a carefully tailored insurance package.