key person insurance

Questions

What does key person insurance mean?

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.

How to pronounce key person insurance

1. Open the pronunciation page — Open the Speakur entry for “key person insurance”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “key person insurance”.
4. Repeat and practice — Say “key person insurance” aloud, matching stress and vowels until it feels natural.