Ontario Key Person Life Insurance
Key Person or Key Man insurance provides life insurance coverage to employers on key employees. This coverage protects the business from major losses incurred when losing an individual that has specific skills and knowledge that are valuable to your company:
- Losses due to absence of key employee with specialized knowledge
- Decreased sales due to severed client relationships or cancelled contracts
- Lowered/ delayed production or increased production costs
- Recruitment and training of a replacement
St. Andrews Insurance Brokers can you help you calculate the correct amount of coverage to place on each key employee. Our professional Advisors are available to provide you with a no cost or obligation quote at your convenience. Simply fill out the form above or call us at 1-905-709-1779 for your free key person life insurance quote.