Key person life insurance does NOT reimburse a company for which of the following?

Key person life insurance does NOT reimburse a company for which of the following?



a. for a loss of previous business resulting from a key person's death
b. for a reduction of profits resulting from a key person's death
c. for increased pension liability resulting from a key person's death
d. for a loss of leadership resulting from a key person's death


Answer: c

Popular posts from this blog

In insurance,

Jim has been arrested for drunk driving. In order to be allowed out of jail before his court date, Jim will most likely need: