KEY PERSON PLANNING Key Person Planning provides your business protection from financial loss in the event that a key person unexpectedly passes away or gets diagnosed with a critical illness. Losing a key person that is vital to your business operations can leave small businesses in financial ruin. Key Person Planning helps mitigate this some of this cumbersome financial and business risk.Having a Key Person protection plan can also play a vital part in your overall Business Succession Plan. It can make your company more valuable from the owner’s standpoint when creating a business succession plan or in planning for sale of the business. It can also serve as a way to let irreplaceable employees know they are valuable as Key Person protection can be supplemented by non-qualified executive benefits that help attract and retain employees. Find an Agent Have a Question? Name Email Phone Question Thank you! Oops!