{"id":6844,"date":"2026-10-28T01:02:38","date_gmt":"2026-10-28T01:02:38","guid":{"rendered":"https:\/\/nrcpas.com\/life-insurance-guides\/key-person-insurance\/key-person-insurance-l-1-transferee\/"},"modified":"2026-10-29T23:31:28","modified_gmt":"2026-10-29T23:31:28","slug":"key-person-insurance-l-1-transferee","status":"publish","type":"page","link":"https:\/\/nrcpas.com\/life-insurance-guides\/key-person-insurance\/key-person-insurance-l-1-transferee\/","title":{"rendered":"Key Person Insurance for an L-1 Visa Manager | NR CPAs"},"content":{"rendered":"\n
<\/span>\"Senior
\n

Key Person Insurance | Florida<\/p>

Key Person Insurance for an L-1 Visa Manager<\/h1>

Life insurance planning for a business that depends on its L-1 manager, reviewed with a CPA's view of tax and cash flow. Insurance is offered by Nischay Rawal, a licensed insurance agent, separately from the accounting practice.<\/p>

Call us today for a coverage review<\/a><\/div>
Call us today for a coverage review<\/a><\/div><\/div>\n<\/div><\/div>\n\n\n

By Nischay Rawal \u00b7 Published October 27, 2026<\/p>\n\n

\n\n

Key Person Insurance for an L-1 Visa Manager<\/h2>\n

Key person insurance lets a business own a life insurance policy on a manager whose work it depends on. The business pays the premiums, owns the policy and receives the death benefit. When that manager is on L-1 status, the policy works the same way. But insurable interest, written consent and citizenship or residence facts need extra care.<\/p>\n

NR CPAs & Business Advisors is a Miami CPA firm. Insurance is offered by the licensed agent, Nischay Rawal, separately from the accounting practice.<\/p>\n\n

\"Several<\/figure>\n\n
\n

If your subsidiary relies on a manager like this, reach out through our contact page so Nischay Rawal can review the facts with you. Talk it through with our team — we can walk you through how a situation like yours is usually handled and what your options are.<\/p>

Schedule a coverage review<\/a><\/div>
Schedule a coverage review<\/a><\/div><\/div>\n<\/div>\n

What Key Person Insurance Is and Who It Covers<\/h2>\n

Key person insurance pays a business for financial losses that follow a key employee’s death or disability. The Insurance Information Institute<\/a> describes this coverage for small businesses.<\/p>\n

It is often bought by:<\/p>\n