key person insurance
noun[U]
ukusINSURANCE
→business life and health insurance:
Keypersoninsuranceisdesignedtoprotectacompanyfrom thelossof apersonwho makes asignificantcontributionto thefinancialsuccessof thatcompany.
Examplesofkey person insurance
key person insurance
This use is commonly known as key man orkeypersoninsurance.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.There is no legal definition forkeypersoninsurance.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Keypersoninsurancedoes not indemnify the actual losses incurred but compensates with a fixed monetary sum as specified on the insurance policy.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
- law-and-order
- lawbreaker
- law clerk
- law-clerk
- law court
- law-court
- law degree
- law dictionary
- law enforcement
- law-enforcement
- law enforcement official
- law enforcement official
- labour pool
- labour pool
- labour productivity
- labour productivity
- labour relations
- labour-relations
- labour requirement
- labour-saving
- labour-saving
- labour shortage
- labour shortage
- labour the point
- labour-the-point