key-person insurance

Definition

Accounting

• noun an insurance policy taken out to cover the costs of replacing an employee who is particularly important to an organisation if he or she dies or is ill for a long time

Nearby Definitions of “key-person insurance”

• key file
• key frame
• key length
• key light
• key lime pie
• key-person insurance
• key rate
• key repeat
• key switch
• key telephone system
• keyboard

Contexts for “key-person insurance”

1 definition in context
• Accounting