Serving all of New Jersey
Key Person Insurance in New Jersey
Key person insurance is a policy the business owns on someone whose loss would seriously hurt revenue. The death benefit helps the company cover lost income, recruit a replacement and reassure lenders and customers.
What's included
- Business-owned life and disability coverage
- Helps satisfy SBA and bank loan requirements
- Funds recruitment and lost revenue
- Term or permanent options
- Can convert to executive benefits later
Who it's for
- Small business owners
- Companies with SBA loans
- Firms relying on top sales or technical talent
Key Person Insurance FAQs
How much key person insurance do I need?
A common approach is 5–10 times the person's compensation or their estimated contribution to profits. We'll help you calculate it.
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Here for you, and what comes next
A conversation. Not a commitment.
Tell us what matters to you. We’ll help you explore your options with care.