Which factor is NOT typically covered by Key Person Life Insurance?

Key Person Life Insurance primarily provides coverage for the financial impact of the loss of a crucial employee whose contribution is significant to the company's success. This type of insurance typically helps cover operational disruptions, continuity of key employee salaries, and related costs that may arise from the sudden loss of that vital person.

One of the primary purposes of Key Person Life Insurance is to allow a business to manage immediate financial challenges, retain key staff, and support business operations during a transition period. Therefore, options such as operational disruptions and key employee salary continuation are directly relevant.

Investment in marketing might also indirectly relate to a key person's influence on business performance, though it is not a direct coverage aspect. However, increased pension liabilities represent a financial obligation to employees that exists independently of the loss of a key employee, focusing instead on retirement benefits rather than on the fallout or operational impact of losing that key person. Hence, it falls outside the typical scope of what Key Person Life Insurance would cover.