Safety

What Is Keyman Insurance—and Who Needs It?

If a partner, founder or key employee whom the success of the business depends upon dies, a keyman insurance policy can pay expenses until a proper replacement is found.
By Patrick Keightley
July 7, 2020
Topics
Safety
by Patrick Keightley
Patrick Keightley, CIC, is a lifelong resident of Northern Virginia. He graduated from George Mason University with a B.S. in Business Administration. He started his insurance career with Liberty Mutual as a Business Sales Representative and eventually rose to General Manager. Pat started at Georgetown Insurance in 1989 and earned his CIC designation in 1997. He specializes in insuring the needs of manufacturers, contractors, IT, wholesalers and retailers. Pat brings a risk management approach to the process by focusing on the areas of insurance which are most costly to a client and how to reduce this cost through increased loss control, deductibles, risk transfer methods, etc.

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