Like many small businesses, your business is probably incredibly dependent on you, and it would be extremely difficult to replace you. Your company might not be able to conduct itself in its usual fashion and could potentially create losses which would not be financed. The same may be true for a key employee of the business. If an insured employee or owner were to become ill, injured or pass away, the benefits payable from a key person disability or life insurance plan could help you to recruit, hire and train a replacement, pay off debt and manage creditors, and reassure your customers that your business will survive.