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11:59 Nov 21, 2011 |
English language (monolingual) [PRO] Law/Patents - Insurance | |||||||
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| Selected response from: Martin Riordan Brazil Local time: 22:54 | ||||||
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SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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4 | insurance for a business covering loss of key personnel |
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3 | insurance coverage for a businessman? |
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1 +1 | Executive |
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Discussion entries: 2 | |
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coverage plan: executive insurance coverage for a businessman? Explanation: Normally such terms are used to differentiate the coverage offered by the plan. This one may be directed towards businessmen. But without more context, it is impossible to be more specific. |
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Notes to answerer
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coverage plan: executive insurance for a business covering loss of key personnel Explanation: "Executive" seems to refer to an insurance policy taken out by a business to cover it against the loss of a person crucial to its success and profitability: "Executive Coverage Executive Insurance Service Key Person Insurance This type of insurance is designed to protect a business in the event of the loss of a person who makes a significant contribution towards the profitability, stability and progress of the business. Often times, an owner, partner, shareholder, or executive brings a specific expertise to the company. The death or disability of those persons could result in some business interruption in some fashion:" http://www.winchgroup.com/executive_insurance_services.asp |
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coverage plan: executive Executive Explanation: Could be merely the name of the coverage like "Gold" or "Platinum"or "Premium" |
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