key man

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Related to key man: Key man insurance
References in periodicals archive ?
A business can use their key man polices the same way.
Initially there would be uncertainty because of the need to replace the key man quickly, followed by a period of re-adjustment during which the company will struggle on with a less able understudy.
Key man insurance can cost from $1,000 (Dh3,678) to $40,000 a year depending on the age, health and importance of the key person, he said.
As the name suggests, key man insurance covers the company in case of an unexpected death or disability of a key employee that would seriously hurt the company's cash flow.
Ultimately, PK wants to have a key man in each of the nation's 400,000 churches, using the military ideas of discipline and male bonding in small groups.
Key man/thin management discount: A key man or thin management discount would be appropriate in the valuation of a closely held company to the extent that the operations of the company are embodied in one or a few individuals.
asked Larry Karson, a criminal justice professor at the University of Houston-Downtown who in 2004 studied the key man system.
Of course, not all of these disasters are likely to strike a business on the death of a key man but if even only one or two of them apply then there could be a considerable loss of profit.
I read a recent article on Partnership Insurance and a colleague mentioned to me that I should be considering Key Man Insurance in relation to my business.
Kieran Donaghy, their key man in attack last year, is still very much on the scene but has yet to make the impact he did a year ago, while Colm Cooper is struggling to reach the heights of previous seasons.
REPUBLIC of Ireland captain Kenny Cunningham believes winger Damien Duff is Ireland's key man ahead of Wednesday's crucial World Cup clash with France.
George Stevens, Advanced Technetix's Chief Executive Officer, said, "We are fortunate to have Rich Lauer as a key man in our corporation.