Key Personnel Insurance

Is your practice protected from the risk of financial loss stemming from the death or disablement of your key employees?  Key personnel insurance is an insurance policy issued to protect a practice by compensating for financial losses that would arise from the death or extended incapacity of the employee specified on the policy. The policy is held for a period equal to the key person’s usefulness to the practice. The aim is to compensate the practice for losses and facilitate business continuity.

Key personnel insurance does not indemnify the practice but pays a fixed monetary sum as specified on the insurance policy.  A policy can be taken out on anyone that has a role in the company whose loss would create a financial burden, due to that person's unique knowledge, skill set or overall contribution to the company.  The employer would take out a policy to offset the costs (such as hiring a successor) and losses (stemming from an inability to conduct normal business) associated with the loss of a key person.

For more information or to request coverage, please contact our offices at (800) 644-9840 or click here for additional contact options.

No Fees for Our Analysis


At AP Group, we take each new client's needs into consideration when we develop an insurance plan.  While many of our competitors charge for a review, we believe a No Fee Analysis is the right thing to do.

To get your No Fee Analysis with one of our insurance professionals, please contact us today!
(800) 644-9840