Key Person Coverage

What would happen if you lost a key person in the organization? Your top salesperson, the person with the secret sauce for product development or the visionary of the company strategic plan. Key Person Coverage and Buy Sell Agreements are part of a properly constructed risk management plan for all organizations, large and small. A risk management plan paves the way so the untimely death of a partner or key person can be transitioned with certainty of the outcome to the heirs and the principals of the company.