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Executive insurance |
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Executive insuranceIn the US, an insurance policy taken out on the life of a company executive or senior employee whose death would cause significant loss to the company. In the event of such a death the proceeds would be payable to the company. Known as 'keyman insurance' in the UK.Similar MatchesExecutive pension planExecutive pension planA pension plan which is tailored for directors and senior executive staff. Chief Executive Officer (CEO)Chief Executive Officer (CEO)A title held often by the Chairperson of the Board, or the president. The person principally responsible for the activities of a company. Account executiveAccount executiveThe brokerage firm employee who handles stock orders for clients. See: Broker. |
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