Business Insurance Includes:
- Corporate Funded Life Insurance
- Corporate Funded Living Benefit Insurance
- Key Person Insurance
- Buy – Sell Agreement
- Corporate Estate Planning
- Business Loan Protection
- Business Overhead Insurance
Corporate/Business Insurance is a life insurance policy: Universal Life Policy, Participating Life Policy or Term Insurance. Corporate Life insurance policies are setup to satisfy the business needs.
Corporate Funded Life Insurance is an insurance policy taken out on the owners, shareholders and a key person of a company. The company pays the premium on this type of policy. Upon the death of the policy holder the proceeds are paid out to the beneficiary, tax free.
Business Overhead Insurance insures the business can always pay the bills. If your business depends on an owner, an absence due to a long or short term disability would impact the bottom line.
Key Person Insurance protects the business against loss of the key employees in the event of death, disability or retirement.
Buy-Sell Agreement plans for the death, disability or retirement of a business owner or partner with a buy sell agreement that is crucial to ensuring the continuity of your business and protecting the financial interests of each co-owner’s family.
Corporate Estate Planning will preserve more of business assets for transfer to heirs than traditional investment. Also allows tax advantage such as tax free dividends to surviving shareholders or the estate.
Business Loan Protection makes your business debt free.
Please contact our business insurance specialist for more information