Insurance that compensates for the loss or unavoidable absence of crucial employees in the firm is called

Question

Quizplus · Accepted Answer

Key personnel insurance is specifically designed to provide financial support to the company and its employees in the event of death, disability, or other significant losses of a key employee. This allows the company to minimize financial loss and maintain its operations while searching for a replacement or recovering from the loss.

Insurance That Compensates for the Loss or Unavoidable Absence of Crucial