More Insight to Key Person DI Coverage

The yawing financial chasm created by the disability of a KEY-PERSON is exacerbated by a number of negative forces that impacts the firm’s profitability and its mortality. Obvious is the loss of productivity, creativity, customer/investor/ bank relations and supplier confidence. Obvious too, is the strain of continuing a generous compensation to a non-producer. Then there is the cost of a replacement, which may require a good deal of time to find the right person.