Call 1.877.227.4484

GET STARTED NOW
Life Settlement
Educational Information
Welcome Funds has compiled every term, phrase & definition related to life settlements. Have more questions? Call us toll-free at 1-877-227-4484 or complete our Quick Online Qualifier to determine your eligibility.

REQUEST A FREE KIT

Enter Phone number:

DEFINITION OF KEY PERSON INSURANCE


Also known as Key Man insurance, Key Woman Insurance, or Business Life Insurance. Key Person insurance is a life insurance policy purchased by the employer of the insured life. This is generally done to protect against the negative effects to the company's stability and profitability from the loss of an employee.

BACK TO GLOSSARY