The key person life insurance industry is a specialized sector of the larger life insurance market, designed to protect businesses in the event of the death or incapacitation of a crucial member of the team. Companies in this niche offer a variety of versatile insurance plans, including term life, endowment plans, and mortgage protection. Businesses rely on these policies to mitigate the potential financial impact of losing a critical employee. As the global economy becomes increasingly interconnected, the key person life insurance sector is set to expand, with a growing emphasis on digital solutions and customer-focused policies.


Top 21 Key Person Life Insurance Companies

1. SIC Life Insurance LTD

  • Website: siclife.com.gh
  • Headquarters: Adabraka Freetown, Greater Accra, Ghana
  • Founded: 2007
  • Headcount: 501-1000
  • LinkedIn

SIC Life is a reputable multi-line insurer based in Ghana. They offer a wide range of life insurance products and services, including term life, endowment plans, mortgage protection plans, and group insurance. With a strong corporate identity and a commitment to customer service, SIC Life provides comprehensive coverage to individuals, families, and businesses.


2. Continental General

  • Website: cgic.com
  • Headquarters: Austin, Texas, United States
  • Founded: 2016
  • Headcount: 51-200
  • LinkedIn

Continental General Insurance Company (CGIC) is a stock life, accident, and health insurance company. It operates as a wholly owned subsidiary of Continental General Holdings (CGH). CGIC is licensed in forty-nine states and provides insurance coverage to policyholders, focusing on managing the financial risks associated with aging.


3. Lifebroker

Lifebroker.com.au is an insurance comparison website that helps individuals and businesses find the best life insurance policies. They provide users with tools and resources to compare different insurers and their products. Lifebroker offers various types of insurance, including life insurance, income protection insurance, total and permanent disability insurance, trauma and critical illness insurance, and key person insurance.


4. Fulcrum Partners, a OneDigital Company

Fulcrum Partners is a financial services company that specializes in executive benefits, deferred compensation plans, and strategic tools for businesses. They offer solutions to attract and retain top talent, protect assets with business succession plans, and provide executive life coverage and disability insurance.


5. NZbrokers

NZbrokers is an insurance brokerage company that offers a wide range of insurance services including corporate and commercial insurance, commercial property and assets insurance, liability insurance, business interruption insurance, cyber insurance, small and medium business insurance, and key person insurance. They specialize in providing insurance solutions for industry sectors such as cafes, restaurants, small bars, trades, farming and agriculture, personal home and property, car and vehicle, marine and pleasure craft, and travel. They aim to protect businesses from potential risks and provide tailored insurance coverage.


6. Key Person Insurance

Key Person Insurance specializes in providing key man insurance policies for small and medium-sized businesses. These policies protect against the loss of key employees due to death or disability.


7. Mike Goldberg and Associates, Inc.

Goldberg & Associates is a nationwide provider of financial services, specializing in affordable life insurance solutions for individuals. With close relationships with carriers and underwriters, they offer low cost policies tailored to the needs of their 10,000+ clients.


8. Tedford Insurance

Tedford Insurance is an established insurance agency that has been offering reliable coverage to individuals and businesses since 1978. With a dedicated team of over 50 professionals, they provide personalized attention and expert advice to ensure the security of their clients' assets.


9. YMI Insurance

  • Website: ymiagency.com
  • Headquarters: Stroudsburg, Pennsylvania, United States
  • Founded: 1955
  • Headcount: 11-50
  • LinkedIn

YMI Insurance is an independent insurance agency that provides personal and business insurance solutions through multiple carriers. Their mission is to improve their local communities by helping clients make better informed financial decisions.


10. IDU, Inc.

IDU Inc. is a trusted provider of disability, life, and specialty insurance underwriting solutions. With 150 years of industry expertise, we offer tailor-made coverage and personalized guidance to ensure maximum customer satisfaction. Our comprehensive product portfolio includes individual disability insurance, accidental death & dismemberment, key person insurance, and more.


11. Shelter Bay Financial Corporation

  • Website: shelterbay.ca
  • Headquarters: Vancouver, British Columbia, Canada
  • Founded: 2009
  • Headcount: 11-50
  • LinkedIn

Shelter Bay is an insurance brokerage company that offers a variety of insurance products to protect individuals, businesses, and homes. With a focus on customer service, they provide customized insurance solutions and work with top leading insurance carriers in Canada.


12. First Associated Insurance Agencies Inc

First Associated is an independent insurance agency providing commercial, personal, and group insurance solutions for over 50 years in Wisconsin. They offer a range of insurance services such as general liability, workers' compensation, cyber insurance, bonds, health, life and group benefits insurance.


13. Icbl

  • Website: icbl.com
  • Headquarters: Bridgetown, Saint Michael, Barbados
  • Founded: 1978
  • Headcount: 201-500
  • LinkedIn

ICBL is an insurance company based in Barbados, offering complete coverage for personal and business insurance needs. They provide insurance solutions for motor vehicles, homes, travel, health, life, marine, and business. With a focus on startups, entrepreneurs, small to medium-sized enterprises, and corporations, ICBL offers flexible payment options and easy claims processes. Their team of professionals ensures excellent customer service and personalized insurance solutions.


14. Bpi Philam Life Assurance

BPI AIA is a life insurance company that offers affordable and easy-to-purchase life plans, protection solutions for health, accidents, and savings, wellness and reward programs for healthy living, corporate solutions, and form downloads.


15. Canadian Premier Life Insurance Company

  • Website: canadianpremier.ca
  • Headquarters: Toronto, Ontario, Canada
  • Founded: 2001
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

Canadian Premier is an insurance company that provides insurance solutions to individuals and families. They offer a range of products including creditor insurance, life insurance, accident insurance, and critical illness and sickness insurance. Their focus is on protecting the ones you love and providing financial security for the future.


16. Bridgewell Financial

Bridgewell Financial offers insurance services, wealth and financial planning, and group benefits to organizations and individuals, delivering customized solutions tailored through in-depth consultation and strategic planning.


17. Avallis Financial

  • Website: avallis.com
  • Headquarters: Singapore, Singapore, Singapore
  • Founded: 1997
  • Headcount: 51-200
  • LinkedIn

Avallis Financial is a financial advisory company that specializes in providing comprehensive wealth management services, including financial planning, investment advisory, retirement planning, and insurance planning. They offer a range of financial products and services to both individuals and corporations, aiming to empower their clients and help them achieve their financial goals.


18. Torian Insurance

Torian Insurance is a trusted insurance agency that has been providing coverage since 1923. They offer a wide range of insurance options including personal, commercial, and specialty insurance. Their team of experienced agents take the time to understand their clients' needs and provide personalized solutions. Whether it's protecting your home, business, or personal belongings, Torian Insurance is committed to providing quality coverage.


19. Country Wide Insurance Brokers

  • Website: cwib.com.au
  • Headquarters: Cloverdale, Washington, Australia
  • Founded: 1989
  • Headcount: 11-50
  • LinkedIn

Country Wide Insurance Brokers is an insurance brokerage firm based in Australia. They provide a range of insurance services to businesses and individuals, including workers compensation insurance, cyber insurance, and property insurance.


20. Botswana Life

Botswana Life Insurance Limited is Botswana’s longest-serving and only home-grown life insurer. With a proud 46-year history, it is a subsidiary of Botswana Insurance Holdings Limited (BIHL) Group and listed on the Botswana Stock Exchange (BSE). Botswana Life plays a strong role in driving socio-economic prosperity in Botswana through property developments, loans to businesses, job creation, infrastructure development, and other economic activities.


21. Granite Insurance

Granite Insurance is an independent insurance agency offering a wide range of business insurance solutions. They provide coverage for general liability, commercial property, cyber liability, errors and omissions, key person life insurance, workers’ compensation, and more. Their expertise lies in helping business owners attract, retain, and protect their team by providing tailored insurance coverage.


Want to find more key person life insurance companies?


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