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In Business / College | 2025-07-07

A key person insurance policy can pay for which of the following?
A. Hospital bills of the key employee
B. Costs of training a replacement
C. Loss of personal income
D. Workers compensation

Asked by ninetejayven

Answer (1)

A key person insurance policy can specifically cover the costs of training a replacement for a key employee who is no longer able to work. It does not cover personal medical expenses, loss of personal income, or workers compensation. Therefore, the correct answer is the costs associated with training a replacement. ;

Answered by GinnyAnswer | 2025-07-07

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