KEY PERSON INSURANCE

We think the key people in your business are pretty important, too. That’s why Savin offers Key Person Insurance. This specialty product provides your small business with immediate cash to cover working capital needs if an owner or key executive dies. The cash can also go towards finding and training a suitable replacement.

At Savin, we understand your key people spend a considerable amount of time and effort to build their expertise, knowledge and reputation. When a key person dies, both you and the business lose an important member of the management team. This can result in lenders cutting credit, creditors looking for payment, debtors delaying payment, and the general loss of company confidence, which can financially impact your business.

Key Person Insurance assures small business creditors and employees that no matter what happens to a key player, the business will continue. Think this might be the product for you? Give us a call. We’ll get you covered.