Browsing all posts in January, 2009.

Key Man Insurance And The IRS

Key man insurance is a policy designed to compensate a business in the event of a tragic loss of an employee. There are two types of coverage, a death benefit and a disability benefit. Key man insurance is intended to compensate for company losses. It covers the cost to train a new employee, making them [...]

How Much Key Man Insurance To Buy

Determining how much key man life insurance can be a confusing task to undertake. When you begin trying to determine what to factor into the equation, you may find yourself at a loss. How do you put value on a possible future event? What statistics should you use to estimate an adequate amount of coverage? [...]