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Key Person Life Insurance Quotes
Always Fast, Easy, & Free. Key Person Life Insurance is one of the most important, yet overlooked, types of insurance.
If you have a partnership, corporation, or LLC with multiple partners. You need Key Person Life Insurance.
Key Person Life Insurance Quote Short Form
What industry is your business in?
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Agriculture, Forestry, Fishing and Hunting
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Finance and Insurance
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Information
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Year or time frame business started:
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**Number of Owners and / or Partners to be Covered for
Key Person Life Insurance:
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Number of Owners and / or Partners Total:
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Number of employees that work more than 30 hours a week:
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Number of employees that work less than 30 hours a week:
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Number of Sub-Contractors:
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What is your business legal entity?
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Corporation
S Corporation
Limited Liability Company
Limited Liability Partnership
Partnership
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Limited Partnership
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Step 2 of 3
If currently insured, what insurance company?
If currently insured, Expiration Date of Policy:
Purpose(s) (select all that apply)
Buy-Sell Agreement
- This is a plan between partners where, in the event that one partner dies, the other partner will receive the death benefit. However, this benefit comes with the contractual obligation that it is to be used to purchase the deceased partner's stock from whom inherited it. This is usually the deceased partners spouse.
Loan and Mortgage Security
- Many banks and mortgage companies will require life insurance in an amount necessary to cover a loan or mortgage on behalf of the company.
Retirement Plan Purpose
- Certain types of retirement plans use life insurance as a vehicle. Common plans include split-dollar, Section 457, and others.
Overhead and Replacement
- Life Insurance that will be used in to cover the overhead of the company in the event of a key persons death. This is usually used to cover the cost of a replacement for that person..
General Purpose Life Insurance
- Life Insurance that will be used in another capacity.
Optional Coverages/Benefits - (select any that you are interested in)
Disability
- This coverage provides benefits in the event of the disability of a key person. This is usually used to hire a temporary replacement.
Other information your agent should know:
When do you need coverage to start?
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ASAP
1 Week
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12/1/2008 News For:
Key Person Life Insurance Quotes
Research and Markets: A Snapshots Analysis of the Netherlands Non-Life Insurance Industry for 2008: Examine a Category ...
DUBLIN, Ireland----Research and Markets has announced the addition of the "Snapshots Netherlands Non-Life Insurance 2008" report to their offering.
(AFX UK Focus) 2008-11-30 22:53 Australia's IAG increases stake in Malaysia venture
SYDNEY, Dec 1 Reuters - Insurance Australia Group Ltd , Australia's top car and home insurer, is increasing its interest in Malaysian general insurance venture AmAssurance to 49 percent from 30 percent. IAG said on Monday it is restructuring the venture, splitting the existing AmAssurance into general insurance and life insurance components. The group will be selling its 30 percent interest in ...
New York Life Insurance announces management changes
New York Life Insurance Company has appointed senior vice president Mark Pfaff, who has run the agency department since 2006, to look after life insurance manufacturing and marketing operations. The company has also announced that senior vice president Chris Blunt will run a new organization, Retirement Income Security, dedicated to providing solutions to consumers in both the accumulation and ...
Hontai Life To Sell NT$5.5 Billion New Shares Before Year-End
TAIPEI -Dow Jones- Taiwan's Hontai Life Insurance Co. plans to sell around NT$5.5 billion worth of new shares before the end of the year and another NT$1.5 billion in the first quarter to boost capital, company Chairman David Jou said Thursday.
Husband's death leaves wife behind on the bills
Marla's husband, Ed, died unexpectedly and they had no life insurance. She had very little savings, and the funeral expenses set her back. She receives Social Security but is still struggling to pay her bills. She is waiting to start receiving her husband's pension, which should get her back on track. She has fallen behind on her electric bill and has received a shut-off notice.
A.M. Best Removes from Under Review and Downgrades the Ratings of Standard Life Insurance Company of Indiana
OLDWICK, N.J.----A.M. Best Co. has removed from under review with negative implications and downgraded the financial strength rating to B from B++ and the issuer credit rating to ?bb? from ?bbb? of Standard Life Insurance Company of Indiana .
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