Identify the Benefits of taking-out a Key-Man Insurance Policy.
A)Off-Set Business Start- Up Costs.
B)Off-Set the Business- Continuity-Costs.
C)Off-Set the Business- Recovery-Costs.
D)Promote the Worker- Harmony.

Question

Quizplus · Accepted Answer

Key-man insurance policies are designed to offset the financial impact of losing a key employee, such as a business owner or executive, who is essential to the company's success.

Identify the Benefits of Taking-Out a Key-Man Insurance Policy