At Diversified Insurance Brokers, we know that the loss of a key employee, founder, or executive can have a devastating impact on a business. Key Person Life Insurance is designed to protect your company’s financial stability in the event that an essential team member passes away unexpectedly. With coverage through Lloyd’s of London, you can help ensure your business has the funds it needs to navigate challenging transitions, maintain operations, and safeguard its long-term future.

Why Businesses Need Key Person Life Insurance

Key employees often bring unique skills, relationships, and leadership that cannot be quickly replaced. If they pass away unexpectedly, your business could face:

• Loss of revenue from interrupted operations or missed opportunities
• Increased costs for recruiting, hiring, and training replacements
• Disruption in client relationships or investor confidence
• Challenges meeting financial obligations or sustaining growth

How This Policy Protects Your Company

• Immediate Financial Support: Provides a lump-sum benefit to offset revenue loss and cover transition costs.
• Business Continuity: Helps maintain daily operations during leadership changes.
• Customizable Coverage: Tailored benefits to match the value of your key team member.
• Worldwide Protection: Coverage applies regardless of where the insured is located at the time of passing.

Simple Application Process

Applying through Lloyd’s of London is straightforward. Click “Apply Now” to access the secure application portal, provide details about your business and the key individual to be insured, and receive guidance from our experienced advisors at Diversified Insurance Brokers. Our team will walk you through policy options, underwriting requirements, and coverage limits to ensure the best fit for your company.

Why Work With Diversified Insurance Brokers?

We partner with premier carriers like Lloyd’s of London to deliver high-quality, specialized insurance solutions. With decades of experience and access to over 100 carriers, we help businesses of all sizes protect their most valuable assets—the people who drive success.