Key Person Insurance

Does your business include someone whose contribution is vital to the survival of your company? If yes, then key person insurance should be a part of your business continuity and succession plan—especially if you're a small business owner.

If a key member of your team passes away or becomes disabled, your bottom line may suffer in the short-term, and over the long-term, you may have to find a replacement or even shut down your business. However, with the benefits payable from a key person life or disability insurance plan, you could:

• Recruit, hire and train a replacement
• Pay off debt and deal with creditors
• Alleviate lenders' concerns about your company's financial health
• Reassure customers, employees and investors that the business will continue operating

What's more, if you and your family rely on your business as a primary source of income, key person insurance can help ensure that the business will continue to provide a secure financial future.

If an insured key employee or owner were to die, the key person life insurance policy would provide a tax-free cash payment that your business could use as working capital; to recruit, hire and train a replacement; to pay off debts; and much more.


Business is not just doing deals, business is having great products, doing great engineering, and providing tremendous service to customers. This is what, Vishal has done for us.
Hukum, Toronto, ON
Along with his helpfulness, he has a shining personality and is very eager to make his clients completely satisfied!! We would definitely recommend Mr. Vishal Trivedi to anyone who is looking for any type of insurance.
Zafar and Saira, Brampton, ON
Vishal has been our insurance agent for years now, and we are absolutely pleased with his professional, customer-focused approach. He regularly keeps us updated on our policies and any new offerings that maybe of interest to our family.
Corey & Charmion, Brampton ON