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630.524.4803

Key Person (Key Men) Insurance in Carol Stream and Wheaton, IL

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, Rich Davis & Associates, Inc 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 Rich Davis & Associates, Inc, 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 Rich Davis & Associates, Inc, 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 Location

Rich Davis & Associates, Inc

665 Andrew Lane
Carol Stream, IL 60188
Main office: 630-524-4803

Our Providers

We went to Rich Davis & Assoc for home and auto insurance quotes. It had been many years since we had done this process and Rich was patient, professional and thorough. He guided us through all of the detail and was pleasant throughout. We would recommend his agency to any of our friends or acquaintances that are seeking insurance. In fact - we already have!
Mary B.
Rich answered all my questions regarding the purchase of both an accident and homeowners policy through Grange Insurance. He did price comparisons and offered suggestions prior to the purchase. He gave me choices and was very patient and that always gives the customer satisfaction about who he is working with. I highly recommend RDA Insurance to anyone looking for either a new policy or for policy comparisons.
Ron D.
Rich Davis has handled my Car and Homeowner's insurance for over 20 years. Rich is a man of integrity and works very hard to meet the needs of his customers. I don't usually recommend or refer my family and friends to anyone I do business with unless their services are outstanding and a great example of excellence. Rich Davis and Associates have both of the very important qualities!
Cathy B.