Key person insurance is an important form of business insurance. There is no legal definition for 'key person insurance'. In general, it can be described as an insurance policy taken out by a business to protect that business for potential financial losses that could arise from the death or extended incapacity of an important member of the business specified on the policy.
November 20, 2018
With young workers struggling to save a deposit for a home, there’s an increasing number of options that don’t require one. Research suggests one in ten first homes are now purchased without a traditionally saved deposit.