Why A Growing Business Needs To Look Into Key Person Insurance
Posted: December 18, 2017
Why A Growing Business Needs To Look Into Key Person InsuranceIn a small, thriving business, the death of a key employee could cause the business to collapse. It could be an owner, a founder, a key salesperson, or any other important player. Life is full of uncertainties, but key person insurance helps protect your business should the unexpected happen. How Key Person Insurance Works Key person insurance is life insurance on a key person in...
Do You Need Business Insurance When Working Out Of Your Home?
Posted: November 2, 2017
Do You Need Business Insurance When Working Out Of Your Home?Many small businesses in the U.S. today are home-based. For a small business owner or entrepreneur, working out of the home has many advantages. It is convenient, cost-effective, and comfortable, and you can skip the daily commute and wear pajamas or sweats all day if you like. However, conducting business in the comfort and convenience of your own home does not make it risk-free. You...
7 Exclusions To Your Typical Life Insurance Plan
Posted: October 3, 2017
7 Exclusions To Your Typical Life Insurance PlanLife insurance is one of the most effective ways to ensure your family is protected. Should you suddenly become incapacitated or pass away, life insurance funds can be paid at once to the named beneficiaries without any concern about taxes or delays related to probate. However, when buying a life insurance policy, the one person who truly has your back is your agent. Every life insurance...
The Importance Of Key Person Insurance For Small To Midsize Businesses
Posted: September 25, 2017
The Importance Of Key Person Insurance For Small To Midsize BusinessesKey person insurance is life insurance on a proprietor, partner, or a valued employee who is key to the successful operation of a business. Small and midsize businesses typically have one or a few key persons who are primarily responsible for generating revenue. Examples include the partners in a two-attorney law firm, the sole cosmetologist in a small beauty salon, or the owner-founder chef of...
When To Time Your Life Insurance Purchase
Posted: September 5, 2017
When To Time Your Life Insurance PurchaseHaving a young family is the busiest time of life, and raising little ones tends to tie up a majority of the available time and attention. Young parents may forget that putting a term life insurance policy in place is an important matter. Over the younger years, these policies are at their most affordable rates. Protecting your family with term life insurance can bring you...