Our Glossary of life insurance terms
A -
B -
C -
D -
E -
F -
G -
H -
I -
J -
K -
L -
M -
N -
O -
P -
Q
-
R -
S -
T -
U -
V -
W -
X -
Y -
Z
-
Misc
Business Continuation Insurance
Also known as key man or key person insurance this is cover that
protects individuals against various things depending on the
policy, such as death accident or sickness. In the event of the
insured event taking place an amount of money is discharged,
i.e. the sum assured, to the company to enable that company to
continue running in the absence of that individual either until
they return to work or a suitable replacement can be sought.
Return to
B
|