Insurance

Business Insurance

We work to help our business-owning clients protect the value they have worked tirelessly to create through Key Person Insurance.

A type of tax-deductible term-life insurance that a company purchases on a key executive of the business.
Ensures that if anything were to happen to the owner, or another key employee, there would be money that could be used to hire a replacement, give time to sell the company, or provide the owner’s beneficiary with compensation.
With a partnership, a partner can use it to buy stock from the other partner.
Also known as “key man insurance,” “key woman insurance” or “business life insurance.”

All business owners should purchase Key Person insurance through the company for themselves.
Also be purchased on any other employee that is irreplaceable or would severely hurt the company if they were
to suddenly pass away.