Key person disability insurance

By Steve Savant

Last week we chatted with Marcy about how disability insurance policies offered through an employer can be a wonderful employee benefit as well as a tool for employment recruiting and employee retention. Today, Steve and Dan further discuss how key person DI can assist employers in protecting their key personnel and/or highly paid individuals. This policy is solely for the purpose of insuring someone whom the company cannot be without from an immediate financial standpoint.

Also in this episode, Steve and Dan explore how you can build a relationship with a bank to assist prospective clients in protecting those clients’ bank loans. Since becoming disabled is more common than dying during average working years, it is crucial to protect your clients and their incomes in the event they become disabled.