Please join Jim Rollo, Agent CLU / ChFC State Farm Insurance and Financial Services Inc., to learn the importance of having ‘Key Person Insurance’ if you are a business owner. Key person insurance is a life insurance policy a company buys on the life of a top executive or another critical individual. Such insurance is needed if that person's death would be devastating to the future of the company. For small businesses, the key person might be the owner or founder. Key employees have characteristics that distinguish them from other employees, such as: • Having specialized skills that are critical to the success of the business; • Having a significant client base that might leave the business if the employee were to die. When a key employee dies, the business needs cash to: • Cover the expense of finding, attracting, and training a new employee; • Continue the long-range development programs jeopardized by the death of the key employee; • Assure creditors and customers the business will continue. Register here: tinyurl.com/kstirollo
Date and Time
Wednesday May 25, 2022
10:00 AM - 11:00 AM EDT
May 25, 2022 / 10:00am - 11:00am
Location
Online
Fees/Admission
free
Website
Contact Information
Sharon Malone
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