Key Person Insurance and Estate Planning

<pWhen planning for the future, individuals often focus on personal assets and beneficiaries. However, for business owners, particularly those with a small or medium-sized enterprise SME, estate planning extends beyond personal wealth to encompass the continuity and financial stability of their business. A crucial element in this often-overlooked area is Key Person Insurance, frequently referred to as Key Man Insurance. This type of business insurance provides a vital financial safety net, prote...