Key employees are those people who are critical to the success and profitability of the business. These individuals may be business owners, partners or executives that have a direct impact on company earnings or whose skills, talents and expertise are crucial to the continued growth of the organization.

This insurance is needed by a wide range of companies and for many reasons but generally is most important for small and medium size businesses. These companies depend on the expertise and talents of a small number of individuals for their success. The death or disability of one of these key employees or executives may well result in the demise of the firm.