Which of the following is NOT a reason for a business to buy key person life insurance?

Insurance

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Which of the following is NOT a reason for a business to buy key person life insurance?

The reduction in sales as a direct result from death of the key employee

A void in leadership if the key person were to die

The loss of company revenues while a replacement is being sought

An increased pension liability if the key employee dies

Answer: An increased pension liability if the key employee dies

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