What Would Happen If One Person Disappeared?

Most business owners insure buildings, vehicles, and equipment—but forget to protect the people who make those assets matter.

That’s the Trust Gap: when owners assume they have “coverage” without realizing how exposed they are if a key contributor becomes suddenly unavailable.

At Feliciano Financial, we help you organize and clarify your risk—not with fear, but with thoughtful planning that protects what’s hardest to replace: people.

What Is Key Person Insurance?

Key person insurance is a life or disability insurance policy owned by the business on a key employee—often a founder, executive, rainmaker, or technical lead.

If that person passes away or becomes unable to work:
– The business receives a payout to help bridge the financial disruption
– Coverage can help fund hiring, training, or revenue recovery
– It helps preserve credit lines, client trust, and internal confidence
– The policy may also help support buy-sell funding or executive bonus structures

Who Counts as a Key Person?

It depends on your business, but often includes:
– Owners or co-owners
– Founders or managing partners
– Lead sales, operations, or technical team members
– Relationship drivers with banks, clients, or vendors
– Anyone whose absence would cause meaningful disruption

Why It Matters

You may not be able to prevent something unexpected—but you can reduce the impact.
Key person insurance is about building resilience into your business.
It helps prevent a bad day from turning into a lasting setback.

We Help You Plan with Eyes Open

We don’t just quote policies. We help you:

– Identify roles that create concentrated risk
– Align protection with business continuity and leadership planning
– Avoid common funding gaps in buy-sell or retention plans
– Organize and simplify the next steps so decisions feel manageable

📞 Call us today: 903-533-8585

📅 Or Schedule a Key Person Strategy Session