If the loss of a key employee or owner would create a financial challenge that puts the business at risk, explore our protection solutions.
Planning for the unexpected can protect your business—and everyone who depends on it—when sudden challenges arise. Have you thought about the loss your business would experience if you were to lose your top talent?
What would happen to your business if:
An owner or key employee became too sick or hurt to work?
An owner or key employee died unexpectedly?
An owner or key employee exited the business with minimal notice?
Principal® offers a variety of business protection solutions, so you can create a customized plan that best fits your business needs.
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Key person replacement disability insurance provides funds for recruitment, training, temporary staffing costs, and other needs after a total disability claim.
Key person life insurance policies pay a death benefit that is generally income-tax-free
If the loss of a key employee or owner would create a financial challenge that puts the business at risk, talk to your financial professional about solution options. Don’t have one? We can help.