Help protect your company against the loss of your best people.DIS-101-DIS
If you lost one of your company's key individuals – or if that person were no longer able to work and replacing them would take significant time, efforts and funds – a key person insurance policy may help to protect your company from a potential financial loss.
Policies available through M&T Securities may offer the following features, among others:
- Cash value may accumulate in the policy
- Policy can be transferred to the employee at retirement as a bonus
- Premiums are paid by the business
Corporate-Owned Life Insurance
Corporate-owned life insurance offers employers the opportunity to protect the corporation/entity by purchasing life insurance policies on the lives of their key employees.
Potential Benefits of a Corporate-Owned Life Insurance Policy
- The option to build cash value
- Lifetime coverage which remains in force as long as premiums are paid or there is adequate value in the policy to pay the cost of insurance
- The younger and healthier the insured is when the policy is purchased, the lower the annual premium may be