Phelps Financial Services, Inc. | GuideOne Insurance, Church Insurance, Church Risk Management, Disaster Recovery, Safe Church, Written Safeguards

Loss of A Key Employee, Manager, Other Key Person in the Entity

This loss can develop into a major disaster when alternate plans are missing for the entity. Whether dealing with the loss of a key person by death, retirement, disability, or a desired job change by either employer or employee the loss can present the same. Alternate plans should include the training of more than one person to do key operations as well as provision of funds to provide time and capital for the possible replacement or employee relocation. We offer different insurance plans that can provide funds which should be in addition to emergency saving plans.

Loss of a Key Employee or Other From Retirement or Death

Today it is critical for churches, school, businesses and other entities to have a continuation plan. The transition of a key person due to death, retirement whether voluntary or involuntary, or health reasons can develop into such a disaster that the entity may be forced to struggle for its very existence. For some the entity may never recover. If you need help to develop a plan. please contact us today for a professional referral that can help you. Some suggestions follow.

The Possible Crises Following The Death of a Key Person

When a key person dies it can affect the income and productivity in such a way that the entity is left to financially struggle to surive. The entity is at risk due to heavy financial obligations, new construction, or new programs. We have very cost effective plans to help you manage this critical risk. Contact us today toll free 877-471-7997 or email dphelps@phelpsfinancial.com

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