Key Man Insurance
- Home
- Key Man Insurance
Welcome To Our NWS New Wall Street Insurance Company
Every business depends on its employees to operate and grow, but some individuals are especially vital to its success. These “key persons” have unique skills, experience, or connections that are essential for the company’s daily operations and future success.
A financial tool known as “key person insurance,” often referred to as “keyman” or “key woman” insurance, safeguards a company if one of these crucial workers loses away or is injured.
5
Years of Experience
1024
People Insured
How its works
Your Path to Peace of Mind
Key Employee Coverage
A business gets a life insurance policy for a key employee and names itself as the gainer.
Premium Responsibility
The company pays the premiums for the entire duration of the policy.
Benefit Payout
If the insured employee dies (or becomes disabled, depending on the policy), the business gets a lump sum payment.
Feature & Benefits
Secure Your Business's Future
Business Continuity
Losing an important team member can mess up operations and even threaten the company's future. Key person insurance helps reduce this risk by offering resources to make the transition smoother.
Loan Requirements
Key person insurance may be required by some lenders in order for firms to receive funding.
Financial Cushion
Discover the advantages of our comprehensive insurance plans. Safeguard your key employees with coverage that ensures financial stability. Enjoy peace of mind with tailored solutions designed for your unique business needs. Explore how our policies provide essential support during critical times.
The death benefit gives the business essential funds during tough times. This money can be used for:
- Hiring and training a new employee
- Keeping the business running smoothly
- Recovering lost income
- Paying off debts
Who Needs It?
Essential Coverage for Key Players
Small Businesses
Business owners are crucial to their startups. If they're not around, it can seriously harm the business.
Businesses Reliant on Specialized Skills
If a company relies too much on an employee who has special skills or important industry connections, losing that person can be very harmful.
Key Executives
High-level managers who drive sales, oversee major projects, or hold crucial industry knowledge can be hard to replace quickly.
Why Choose Us
Our business insurance solutions
Key Person Insurance
Safeguards the company from the impact of losing a key employee essential to its success.
Cybersecurity Insurance
Offers protection against online business risks, especially data breaches.
Directors and Officers
Covers company directors and officers for expenses related to claims of mistakes or missed details while performing their job duties.
Property Insurance
Helps safeguard your physical business premises, equipment, supplies, and inventory.
Professional Indemnity (errors and omissions)
Protects the business from claims related to foolish services or advice that led to client losses or damages.
Public and General Business Liability
Covers protection for injuries, property damage, and advertising-related problems for a business.
Schedule an Appointment
Protecting Your Business, Life, and More with Expert Insurance Solutions
Ready to secure your future? Schedule a personalized consultation with us today. Whether you need life insurance, retirement planning, or business protection, our experts are here to tailor solutions that fit your unique needs. Take the first step towards peace of mind—book your appointment now
Opening Hours
- 09.00 AM - 18.00 PM
Contact Us
- 7300 Ranch Rd 2222 Building 3 Unit 200 Austin, TX 78730
- (512) 635-2884
- yolanda@nwsnewwallstreet.com