ACS Group Key Person Life Insurance

Key Person Insurance, also known as key employee insurance, is coverage that help protect your small business in case of an untimely death of the business owner or top-performing employee. The business pays for the policy and it is also the beneficiary (and/or owner) while the employee is the insured. The life insurance proceeds could be used to help offset the financial loss that may occur in the event of the death of a key employee. This coverage offers peace of mind to business owners like you.

To learn more about Key Person Life Insurance contact the ACS Plan Administrator.

Email Customer Service

Or call 1-800-752-0179 to speak directly with an insurance specialist.


The ACS group term life, 10-year, and 20-year level term life insurance plans can serve as a key person insurance policy for ACS member business owners. The applications for coverage allow you to designate the beneficiary of your choice and/or assign an owner other than yourself. For key person life insurance you can choose one of the following arrangements when applying for coverage:

  • You designate the business to be your beneficiary. You are the owner of the policy and pay the premium.
  • You designate the business to be both the policy owner and the beneficiary. The business pays the premium.

See brochure to find out more about the features, costs, eligibility, renewability, limitations, and exclusions.


ACS Plan Administrator:
Pearl Insurance
1200 East Glen Avenue
Peoria Heights, IL 61616-5348

Phone: 800-752-0179
Hours: 7 a.m. – 7 p.m. (Central)

Email: Customer Service

Insurance Underwriter:
New York Life Insurance Company
51 Madison Avenue
New York, NY 10010

Click the button for our insurance calculator to get your rate today.