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Key Person Insurance

Who owns a key person life insurance policy?

May 12, 2026February 15, 2023 by easygrouse76

The bottom line The answer to who owns a key person life insurance policy is the business: it owns the policy, pays the premiums, and is the beneficiary; the insured individual does not own the coverage. This structure protects the company against financial loss if a key person dies or becomes disabled. It is different … Read more

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