Key Person Insurance — The Business Insurance Question Students Always Miss
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Key Person Insurance — The Business Insurance Question Students Always Miss
Key person insurance exam practice question — who owns the policy, who's insured, and who collects the death benefit? 📚 The BUSINESS owns the policy, pays the premiums, AND is the beneficiary. The key employee is just the insured — they receive nothing. The death benefit protects the business from financial loss when a critical employee ...
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