Reno Key Man Life Insurance Protects Companies That Lose a Key Employee
Reno key man life insurance is a specific product used to provide coverage to an employer or company that experiences the passing of a key employee. This can be an office manager, co owner, or owner that plays a vital role in the well being of any business. These policies are used to pay for the expenses that it takes to find a person who is qualified to replace the employee that was lost. While key man life insurance is vital to many companies, it is often a product that most companies do not consider until it is too late.
Some example of what key man life insurance in Reno and Sparks would cover are:
- Lost Sales or Revenue
- Hiring of Interim Staff Until a Permanent Replacement is Found
- Costs Associated with Hiring and Training a Replacement Employee
When deciding if this is coverage you or your business may need, it is best to consult with an experienced life insurance broker, more specifically a broker from Heuer Insurance that is versed in key man life insurance in Nevada. Call today to learn more about Reno key man life insurance policies from Heuer!
Heuer Insurance also offers term life insurance, universal life insurance, return of premium life insurance, fixed annuities, key man life insurance, and more – as well as policies for residents of Sparks and all of greater Nevada.