| Business Insurance
...for the life of your business®
- You’ve worked hard to
build your business
The last thing you want…
- …is for that business to fail.
So you buy…
- Property insurance
- Commercial lines
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- Casualty insurance
- Liability
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…all to ensure the life of your business. When a business fails, however,
it usually has nothing to do with…
|
|
- Or even with the knowledge of the person or partners to whom business ownership will be transferred
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Instead, it has
to do with… THE LIFE OF YOUR BUSINESS:
- The people who make the business happen
- and the planning it takes to successfully transfer a business to your survivors or partners
Life insurance
can help…protect
and extend
the life of your business…
With life insurance,
you can…
- Fund a number of business plans
- Gain valuable tax benefits
- Help…
- Protect the business from loss; and
- Ensure that the business is transferred successfully
There are several types of business
protection plans that utilize life insurance:
Key Employee |
Executive Bonus |
Non-Qual Def. Comp |
Buy / Sell |
Split Dollar |
| A plan that helps protect a business from the loss of key employees. |
A selective compensation program to
reward and
retain key employees.
|
An incentive program
designed to reward and
retain key mployees. |
A plan that helps provide
the means for
a successful business
transfer.
|
A cost-sharing plan that can be used to fund a number of programs.
|
Whether it is used to…
- Protect a business
- Attract and retain key employees; or to
- Ensure an orderly transfer of ownership
Life insurance may be critical to the life of your business.
Act now…for the life of your business®
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