What Is Key Person Life Insurance?
MW
MW
Updated: April 5, 2024
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About Melissa Wylie
sources
- Internal Revenue Service. "Publication 535 (2022), Business Expenses." Accessed April 5, 2024.
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Key person life insurance can help protect businesses against the impact of losing a vital team member. It provides a financial safety net for companies that rely heavily on critical persons for their growth.
Updated: April 5, 2024
Advertising & Editorial Disclosure
About Melissa Wylie
Melissa Wylie is a Content and SEO Manager at MoneyGeek. Melissa has worked in the financial content space since 2018 and has spent much of that time focused on all things small business.
Prior to joining MoneyGeek, Melissa held SEO positions at Bankrate and LendingTree. Melissa’s work has also appeared on LendingTree-owned websites ValuePenguin and MagnifyMoney.
Melissa began her career at American City Business Journals in 2015 as a reporter for the company’s women-focused publication Bizwomen. Melissa has a Bachelor of Arts in Journalism from the University of North Texas. Melissa relies on her foundation in journalism to craft content that simplifies complex financial topics to help everyone feel confident when making decisions with their money.
Melissa's other work can be read on LendingTree and Bizwomen.