Common use of Purchase of Life Insurance Clause in Contracts

Purchase of Life Insurance. Employee agrees that the Company has an insurable interest in Employee, and the Company will have the right, at the Company’s expense, to purchase life insurance on the life of Employee and payable to the Company or its assigns.

Appears in 10 contracts

Samples: Employment Agreement (BRP Group, Inc.), Employment Agreement (BRP Group, Inc.), Employment Agreement (BRP Group, Inc.)

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