Key Person Life Insurance Application - Alliance for Contractors

ALLIANCE FOR CONTRACTORS

Professional Services & Business Solutions

KEY PERSON LIFE INSURANCE APPLICATION

Business Continuation Coverage for Critical Personnel

BUSINESS INFORMATION
KEY PERSON INFORMATION
COVERAGE DETAILS
BUSINESS VALUATION
Financial Metric Current Year Previous Year Two Years Ago
Gross Revenue
Net Income
Business Valuation
FINANCIAL INFORMATION
HEALTH INFORMATION
BUSINESS CONTINUITY PLANNING
ALLIANCE INTEGRATION BENEFITS

As an Alliance for Contractors member, you have access to comprehensive business protection services:

Business Valuation Services

Professional business appraisal to determine accurate coverage amounts and ensure proper protection levels.

Succession Planning Resources

Comprehensive planning tools and guidance for smooth business transitions and ownership transfers.

Financial Planning Coordination

Integration with your overall financial strategy to maximize tax advantages and business benefits.

Business Continuity Planning

Expert guidance on developing comprehensive plans to maintain operations during critical transitions.

USE CASES SUMMARY

Business Continuity

Maintain operations during key person absence

Key Person Protection

Financial security for critical personnel loss

Succession Planning

Structured ownership transition planning

Business Valuation

Accurate assessment for proper coverage

Ownership Transition

Smooth transfer of business interests

Financial Security

Protection against revenue disruption

SIGNATURES AND AUTHORIZATION

I hereby apply for Key Person Life Insurance as described above and authorize the release of information necessary to process this application. I understand that this application does not bind coverage until approved and issued by the insurance carrier.

Applicant Signature

Date: _______________

Key Person Signature

Date: _______________

Alliance Representative

Date: _______________

Witness Signature

Date: _______________

ALLIANCE FOR CONTRACTORS SUPPORT

Phone: 1-800-ALLIANCE (1-800-255-4262)

Email: [email protected]

Website: www.allianceforcontractors.com

For questions about your application or Alliance integration services, contact your dedicated Alliance representative.

Application Form KP-2024 | Alliance for Contractors Professional Services