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Protecting key people. (Disability).
From:
Risk & Insurance
| Date:
April 15, 2002| Author:
Capozzi, Michael
| COPYRIGHT 2002 Axon Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Key person insurance protects your company against financial risks such as loss of revenue if a key employee dies, becomes disabled, or retires. While this is a popular type of insurance coverage, companies are reconsidering this risk in light of the terrorist attack.
Ask any manager: A company's most valuable asset often is its people. In a competitive business environment, managing so-called human capital is critical. A dramatic shift has occurred in the world's econom...
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