06 Apr What is Key Person Insurance and Why Do Businesses Need It? Owning or operating a business can be a very stressful responsibility, whether a large or small business the tasks are the same when you boil them down, so are the things needed for that business to run smoothly without any hiccups. Key Person Insurance offers protection for business owners. Key Person insurance is taken out by the business and/or its shareholders. It can be used to meet business expenses, assist in succession planning, provide certainty of equity value and much more.
Owning or operating a business can be a very stressful responsibility, whether a large or small business the tasks are the same when you boil them down, so are the things needed for that business to run smoothly without any hiccups. Key Person Insurance offers protection for business owners. Key Person insurance is taken out by the business and/or its shareholders. It can be used to meet business expenses, assist in succession planning, provide certainty of equity value and much more.
12 Aug As a business owner do I need insurance? As a business owner, you’re responsible for two families: the one you have at home, and the one you have through work. No matter what your business, a well-conceived insurance and benefits program is essential. If you die, become disabled or too ill to work, insurance can help protect your family and your business.
As a business owner, you’re responsible for two families: the one you have at home, and the one you have through work. No matter what your business, a well-conceived insurance and benefits program is essential. If you die, become disabled or too ill to work, insurance can help protect your family and your business.
