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Protecting Your Ministry

Have you ever taken the time to identify the key people who work for your ministry?  Is it difficult to think about what would happen if one or more of those individuals were to pass away suddenly?  How would your ministry and the rest of your employees be affected by that tragic event?

Use this calculator to determine the cost of losing a key person in your ministry:

Protecting your ministry with Key Person Insurance makes sense on so many levels.  For example, it allows your ministry to go through the grieving process without having to worry about lost ministry revenues.  It also helps you ensure long-term financial stability by infusing the ministry with much needed dollars until you are able to make up for the lost abilities of your key employee.

Our new Envoy QuickQuote: Ministry Protection helps ministries just like yours plan for those unexpected events in life.  Our program allows your ministry to purchase inexpensive term insurance for your key employee(s).  This additional protection can then be used to help you recoup the cost of hiring and training a new employee as well as making up for any revenue to the ministry that was lost due to the passing of your key employee.

Here are just two of thousands of examples where Envoy QuickQuote: Ministry Protection could help you:

1.       The long-time Senior Pastor of your church dies suddenly.  Attendance falls, budgets suffer, and staff considers leaving.  All real concerns.  With Key Person Insurance, at least the financial void can be filled and a degree of ministry stability maintained.

2.       The long term Director of Development dies suddenly.  He or she has the key ongoing relationships with long term donors.  It will take a new Director of Development some time to make new relationships.  Two major donations that are expected don't materialize.  Programs suffer.  Ministry suffers.  You can minimize the financial impact of this situation with some advanced planning and action of your own.