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How does key person life insurance work? [Video]

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How does key person life insurance work?

Think of your business and the people who make running it possible. Are there people whose skills are vital to the success of the business? What would happen if one of them were to pass unexpectedly? It’s a reality that you don’t want to think about, but could have serious consequences to a business.

A key person life insurance policy is designed to protect a business from financial loss at the death of a key employee. The funds can be used how the business sees fit—whether to recruit and train a qualified replacement or to provide a financial hedge against a loss in business value. Insure the key people who are essential to your business’ success and talk to your financial professional about a Midland National life insurance policy.

Find out more about Midland National life insurance today: https://www.midlandnational.com/

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Business Owners

Talc plaintiffs lawyers allege J&J put lawsuits in bankruptcy to protect brand [Video]

Lawyers for cancer victims accused Johnson & Johnson of pushing roughly 38,000 talc lawsuits into chapter 11 to stem damage to its corporate brand and gain unfair leverage, as a trial concludes on a bankruptcy strategy the company has defended as fair and reasonable.