Key Person Protection
Most
companies have insurance on their key leaders because the unexpected death of a
key employee can have devastating effects on the stability of an
organization. The same is true for
ministries.
Protecting
your ministry with Key Person Insurance makes sense on so many levels. For example,
- It allows your ministry to go
through the grieving process without having to worry about lost ministry
revenues.
- It helps you ensure long-term
financial stability by infusing the ministry with much needed dollars
until you are able to make up for the lost abilities of your key employee.
Our Envoy
QuickQuote: Ministry Protection helps ministries just like yours plan for
those unexpected events in life. Our
program allows your ministry to purchase inexpensive term insurance for your
key employee(s). This additional
protection can be used to help you recoup the cost of hiring and training a new
employee as well as making up for any revenue to the ministry that was lost due
to the passing of your key employee.
For more
information on Key Person Protection, including cost calculators, click here.