Call Us Today:
309.944.5151

Key Person (Key Men) Insurance

Employees are Valuable Assets Too.

Many companies have important key figures whose expertise and talents are crucial to maintaining profitable and productive business operations. From the savvy and influential executive to the creative thinker behind the company’s greatest ideas, Hanford Insurance Agency knows that some talent is simply too difficult to replace.

Key Person, or Key Men, Insurance provides financial support for business owners in the event that death or permanent disability results in the loss of an employee who is essential to business operations. This policy helps assure that business can continue as planned while you look for a suitable replacement. In addition, it affirms the importance of the talent that the Key Person brings to your business.

Several business benefits are built into your Key Person Insurance policy with Hanford Insurance Agency, such as:

  • Coverage that acts as a business asset for enhancing your company’s creditworthiness
  • Cash value of the policy that may be available to your business as a loan if needed
  • A policy that can be converted to a retirement bonus for the key employee

At Hanford Insurance Agency, our professional and knowledgeable insurance specialists are sensitive to your needs as a business owner and dedicated to providing all of your commercial insurance solutions. Talk to a representative today to learn more about what Key Person Life Insurance can do for your business.

Our Locations

Hanford Insurance Agency (Geneseo)

119 S State St
Geneseo, IL 61254
Main office: 309-944-5151

Bell Insurance Services

210 N Prospect St
Cambridge, IL 61238
Main office: 309-937-3355

Cover Insurance Agency

107 W Main Street
Toulon, IL 61483
Main office: 309-286-2531

Hanford Insurance Agency (Port Byron)

103 N. Main St.
Port Byron, IL 61275
Main office: 309-848-9172

Hanford-Schuneman Agency (Erie)

734 Main St
Erie, IL 61250
Main office: 309-659-7877

Hanford-Schuneman Agency (Prophetstown)

312 Washington St
Prophetstown, IL 61277
Main office: 815-537-2301

VanDeRostyne Insurance Services

101 West Main St
Atkinson, IL 61235
Main office: 309-936-7220

Our Providers

Testimonials

"Hanford Insurance helps to minimize risk in my farming operations. Having them in my corner to offer expertise and understand my needs is a tremendous asset to my business."
Jim
I have been a client of Hanford Insurance Agency over the last several years and Every interaction with the agents has been more than positive. The personal attention you get from them is second to none. It is very rare these days to receive such excellent personal attention and customer service, I highly recommend them.
Ashley
"You can take heart in the fact that the agent isn't just trying to sell you something, he legitimately cares about his clients and their well-being."
Mike