Advising Clients since 1980
Key Person Insurance
This type of insurance is protection against financial loss resulting from death of a “key” or essential employee.
Characteristics of Key Employees
Individuals having specialized skills that are critical to the success of the business;
Individuals having a significant client base that might leave the business if the employee were to die
Purpose of Key Person Insurance
TLife insurance may be considered on the life of the key employee to cover the loss of income and/or increase in expenses resulting from the key employee’s death. Proceeds can be used to assure creditors that their loans are safe or to cover the expenses of hiring and training a new employee.
Shoreline’s Competitive Edge
We are a network of independent professionals with over 150 years of combined experience in wealth management and advice. Members of this network can be used individually or collectively for a single program or a series of seminars or workshops for your company or organization.
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If you’d like more information about how diversified investment advisors can help you achieve your financial objectives through personalized wealth or retirement and risk management strategies, please contact us. We welcome the opportunity to discuss your unique needs and how we may best meet them.
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Charles M. Bloom, Registered Principal offers securities and advisory services through Centaurus Financial, Inc. - Member FINRA and SIPC - 775 Avenida Pequena, CA, 93111 (mailing address: 3905 State Street Suite 7173, Santa Barbara, CA, 93105) - CA Life Insurance License No. 0A52786 - Centaurus Financial, Inc. and Shoreline Wealth & Investment Management are not affiliated companies.
The information contained in this web site is neither an offer nor solicitation of any security or service.
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