Key Person Life Insurance provides a safety net that helps your business absorb financial shocks and maintain stability during difficult transitions. It ensures you have the resources to hire, restructure, or maintain operations without compromising your company’s future.
PXNCL helps business owners evaluate their risks, identify key contributors, and secure tailored protection that supports long-term success.
PXNCL supports business owners across the country with protection plans that safeguard leadership, stability, and continuity.
Experienced guidance in business risk management and key personnel evaluation.
Clear, direct explanations so you understand the purpose and impact of every coverage decision.
Plans designed to stabilize revenue, protect operations, and support long-term business continuity.
Ongoing reviews to adjust coverage as your business evolves, expands, or changes leadership.
Key Person Life Insurance protects a business financially if a critical individual passes away or becomes unable to work, helping cover lost revenue and transition costs.
A key person is anyone essential to the company’s success, such as an owner, partner, top executive, or employee whose loss would significantly impact operations.
Yes! The business typically owns the policy, pays the premiums, and is the beneficiary of the death benefit.
Premiums are generally not tax-deductible, but death benefits are usually received tax-free by the business. Tax treatment may vary by situation.
Yes! Key person insurance is commonly used by small and mid-sized businesses to protect stability, cash flow, and long-term continuity.
