If you want your business to be protected just in case one of your key employees dies, you need to get a Key Man Insurance. This life insurance policy is just the appropriate policy if you only have a small-to-medium sized business.
If the knowledge, skills, contacts, or business relationships of a vital person in your business is irreplaceable, make sure you have a Key Man Insurance because it will provide the buffer that your business needs in the untimely death of that key person.