Key Person Life Insurance
Business-owned life insurance that protects your company if you lose the owner or employee your operations depend on most. We help business owners throughout Williamson, Travis, and Burnet counties protect what they've built.
Key person coverage at a glance
- Business-owned policy on a key owner or employee
- Payout to the business, not the individual's family
- Funds transition costs & lost revenue
- Can complement buy-sell agreements
No spam, no obligation — a licensed Texas agent follows up directly.
Protecting business continuity, not just the individual
Key person coverage recognizes that in a small business, the loss of one or two people can threaten the whole operation.
Business-Owned Life Insurance
A policy your business owns and pays for, on the life of a critical owner or employee.
Business Continuity Funding
Payout helps cover lost revenue, recruiting, and transition costs after losing a key person.
Buy-Sell Agreement Support
Can be structured to help fund a buy-sell agreement between business partners.
Lender & Investor Requirements
Some loans or investment agreements require key person coverage as a condition.
Flexible Coverage Amount
Sized to reflect the actual financial impact of losing that specific person.
Coordinated with Personal Coverage
Works alongside a key person's own personal life insurance, not instead of it.
Planning for the risk small businesses rarely plan for
Independent, not captive
We shop your risk across multiple commercial carriers instead of steering you toward one company's appetite.
We know hard-to-place accounts
Contractors, restaurants, manufacturers, and other specialty risks are markets we work in regularly, not occasionally.
One point of contact
Certificates of insurance, renewals, and midterm changes go through your agent directly, not a support queue.
For the small businesses that make up Central Texas
A lot of businesses around Liberty Hill and the Hill Country are built around one or two people whose relationships, expertise, or licenses the whole operation depends on. Key person coverage is a straightforward way to make sure the business can survive the transition if something happens to one of them.
Key person life insurance questions
How much key person coverage should the business carry?
It depends on that person's contribution to revenue, the cost of recruiting a replacement, and any outstanding business debts tied to them. We'll help you think through a reasonable number rather than guess.
Who owns the policy — the business or the individual?
The business is typically the owner, payer, and beneficiary of a key person policy, which is part of what distinguishes it from personal life insurance.
Is key person insurance the same as buy-sell agreement funding?
They're related but distinct — key person coverage protects the business against the financial loss of that person, while buy-sell funding specifically supports a partner buyout. A policy can sometimes serve both purposes depending on how it's structured.
Are there tax considerations with key person insurance?
There can be, depending on how the policy is structured and used. We're not tax advisors, so we'd recommend looping in your accountant or attorney alongside us when you're setting this up.
Ready to protect your business's continuity?
Tell us about your business and who it depends on, and we'll help you think through coverage.