Life insurance gives you the peace of mind you only get from knowing that you've protected your loved ones.
In the event of your passing, life insurance provides money directly to your beneficiaries. They can use the money for whatever they want, such as:
- Make up for your lost income
- Fund your child's education
- Paying off household debt
- Paying for your funeral and other related expenses
Life Insurance to Protect your BUSINESS:
Key man insurance, a.k.a. key person insurance or key employee insurance is coverage that will protect company in the case of an untimely death or disability of a top salesperson, executive or business owner. Key man insurance provides peace of mind to business owners and shareholders alike knowing that the business can continue operations without major disruption in the event of the loss of a key employee. If death or disability strikes your company, key person insurance may be the difference between the company’s demise and its ultimate success.
Many people and especially insurance agents themselves make the mistake of thinking key man insurance is simply life insurance. Yes, life insurance is one of necessary elements of a good key man insurance plan, but in most cases key man disability insurance is equally important. While the risk of death is always present, with most ages the risk of disability is much higher.
Disability Insurance; Key Man strategies; Buy/Sell Agreements; Executive Bonus Arrangements