- key woman insurance
- A life insurance policy purchased by a company to insure the life of a key executive. The company is the beneficiary in case of the executive's death. Bloomberg Financial Dictionary
Financial and business terms. 2012.
key woman insurance
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Key Person Insurance — A life insurance policy that a company purchases on a key executive s life. The company is the beneficiary of the plan and pays the insurance policy premiums. Also known as key man insurance , key woman insurance or business life insurance . Key… … Investment dictionary
key man or woman insurance — A life insurance policy purchased by a company to insure the life of a key executive. The company is the beneficiary in case of the executive s death. Bloomberg Financial Dictionary … Financial and business terms
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