Kiril is the sole proprietor of a small gym with five employees.

Vendor: IFSE Institute
Product: LLQP
Update on: Feb 3, 2026
Questions: 328

IFSE Institute LLQP Question Answer

Kiril is the sole proprietor of a small gym with five employees. His sales manager, Antoine, is a former Olympic athlete, responsible for generating close to 50% of all revenues for the gym. Thanks to Antoine's popular social media presence, the gym is profitable and growing rapidly. However, Kiril has concerns about the future profitability of his gym should Antoine become ill or injured since the other employees are not local celebrities and would not be able to replace Antoine’s contribution to the business.

Which of the following types of insurance policy would protect the gym if Antoine were unable to work?

Business loan protection disability insurance on Antoine.

Disability buyout insurance.

Key person disability insurance on Antoine.

Disability business overhead expense insurance on Antoine.