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  • Keogh (HR 10) Account:
    An account to which a self-employed person can make annual tax deductible contribution.

  • Key-Person Insurance:
    Insurance designed to protect a business firm against the loss of income resulting from the death or disability of a key employee.

 

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Insurance Glossary is Copyrighted By Richard H. Reynolds.
Dorsey Insurance Uses This Glossary By Permission.

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Dorsey Insurance Agency
503 Jefferson Terrace Blvd.
New Iberia, LA  70560
     Phone:
Fax:
 
337-364-4563
337-364-2174
 
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