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单词 key-person assurance
释义

key-person assurance

key-person assurance An assurance policy on the life of a key employee, especially a senior executive in a small company, whose death would be a serious loss to the organization. In the event of the key person dying, the benefit is paid to the company. Where a policy also provides cover for critical illness it is known as key-person protection.

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更新时间:2025/2/2 12:10:00