About: Key person insurance

Facets (new session)
Description
Metadata
Settings
- Rule:
- Inverse Functional Properties:
- "Same As":

About: Key person insurance Goto Sponge NotDistinct Permalink

An Entity of Type : owl:Thing, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)
QRcode icon

http://dbpedia.demo.openlinksw.com/describe/?url=http%3A%2F%2Fdbpedia.org%2Fresource%2FKey_person_insurance&invfp=IFP_OFF&sas=SAME_AS_OFF

Key person insurance, also called keyman insurance, is an important form of business insurance. There is no legal definition of "key person insurance". In general, it can be described as an insurance policy taken out by a business to compensate that business for financial losses that would arise from the death or extended incapacity of an important member of the business. To put it simply, key person insurance is a standard life insurance or trauma insurance policy that is used for business succession or business protection purposes. The policy's term does not extend beyond the period of the key person’s usefulness to the business. Key person policies are usually owned by the business and the aim is to compensate the business for losses incurred with the loss of a key income generator and

Attributes	Values
rdfs:label	Assurance homme clé (fr) Key person insurance (en)
rdfs:comment	L'assurance homme clé est une forme importante d'assurance professionnelle. Elle permet de protéger l'entreprise contre l'absence prolongée voire définitive d'une personne indispensable à son activité. (fr) Key person insurance, also called keyman insurance, is an important form of business insurance. There is no legal definition of "key person insurance". In general, it can be described as an insurance policy taken out by a business to compensate that business for financial losses that would arise from the death or extended incapacity of an important member of the business. To put it simply, key person insurance is a standard life insurance or trauma insurance policy that is used for business succession or business protection purposes. The policy's term does not extend beyond the period of the key person’s usefulness to the business. Key person policies are usually owned by the business and the aim is to compensate the business for losses incurred with the loss of a key income generator and (en)
dcterms:subject	Types of insurance Business continuity
Wikipage page ID	3442100 (xsd:integer)
Wikipage revision ID	1104883892 (xsd:integer)
Link from a Wikipage to another Wikipage	Tax planning Indemnity Individual Income Tax Act of 1944 Insurance policy Partnership Pension Protection Act of 2006 Types of insurance Chancellor of the Exchequer Business continuity Shareholders Business insurance Sir John Anderson dbr:Capital_Gains_Taxation_Event
sameAs	Key person insurance Key person insurance Key person insurance Key person insurance Key person insurance
dbp:wikiPageUsesTemplate	dbt:Citation_needed dbt:Expand_section dbt:More_citations_needed dbt:Reflist
has abstract	Key person insurance, also called keyman insurance, is an important form of business insurance. There is no legal definition of "key person insurance". In general, it can be described as an insurance policy taken out by a business to compensate that business for financial losses that would arise from the death or extended incapacity of an important member of the business. To put it simply, key person insurance is a standard life insurance or trauma insurance policy that is used for business succession or business protection purposes. The policy's term does not extend beyond the period of the key person’s usefulness to the business. Key person policies are usually owned by the business and the aim is to compensate the business for losses incurred with the loss of a key income generator and facilitate business continuity. Key person insurance does not indemnify the actual losses incurred but compensates with a fixed monetary sum as specified in the insurance policy. Many businesses have a key person who is responsible for the majority of profits or has a unique and hard to replace skill set such as Intellectual Property that is vital to the organisation. An employer may take out a key person insurance policy on the life or health of any employee whose knowledge, work, or overall contribution is considered uniquely valuable to the company. The employer does this to offset the costs (such as hiring temporary help or recruiting a successor) and losses (such as a decreased ability to transact business until successors are trained) which the employer is likely to suffer in the event of the loss of a key person. (en) L'assurance homme clé est une forme importante d'assurance professionnelle. Elle permet de protéger l'entreprise contre l'absence prolongée voire définitive d'une personne indispensable à son activité. (fr)
gold:hypernym	Form
prov:wasDerivedFrom	wikipedia-en:Key_person_insurance?oldid=1104883892&ns=0
page length (characters) of wiki page	12500 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Key_person_insurance
is Link from a Wikipage to another Wikipage of	Development of Doom Elon Musk Criticism of Walmart Key employee Actuarial science KMS Fusion JB Carlson A Life at Stake Bus factor Insignia Financial Group Shasta Ventures Life Insurance For Key Person Key man insurance Keyman Insurance Keyman insurance
is Wikipage redirect of	Life Insurance For Key Person Key man insurance Keyman Insurance Keyman insurance
is foaf:primaryTopic of	wikipedia-en:Key_person_insurance

Faceted Search & Find service v1.17_git139 as of Feb 29 2024

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 08.03.3330 as of Mar 19 2024, on Linux (x86_64-generic-linux-glibc212), Single-Server Edition (378 GB total memory, 59 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2024 OpenLink Software