Home > Term: key man (or woman) insurance
key man (or woman) insurance
A life insurance policy purchased by a company to insure the life of a key executive. The company is the beneficiary in case of the executive's death.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
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Creator
- Jessehe
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(V.I.P) 32013 points - 40.13% positive feedback
