Do You Know How Key Person Insurance Works?

Do You Know How Key Person Insurance Works?

Find out all you need to know by calling G. Douglas Financial Group

With more than three decades of experience helping Toms River residents plan for retirement and find the best rates on insurance, the consultant at G. Douglas Financial Group has the knowledge to help you assess your needs for key person insurance.

Also called key man insurance, this policy covers important members of the corporation and designates the business as payer and beneficiary. Executives, key employees and other members are crucial to the organization and without them, the business would fail.

In the event of their death, a key person insurance policy pays the business so it can remain operational until a replacement is found. If debts are owed, the money can help the company avoid immediate bankruptcy.

Learn all the benefits and pitfalls of a key person insurance policy by relying on G. Douglas Financial Group. Call our Toms River office today at 732-288-1184 or 732-503-4665 to begin your journey toward fiscal security.

Securities offered through TFS Securities, Inc., member FINRA/SIPC, a full service Broker/Dealer located at: 437 Newman Springs Road, Lincroft, New Jersey 07738, (732) 758-9300. *Investment Advisor Services offered through TFS Advisory Services a division of TFS.
G. Douglas Financial Group is not affiliated with TFS Securities, Inc. or registered as a broker-dealer.