Life INsurance To cover your business
Key Person Insurance
A life insurance policy a business takes out on an essential employee or owner, with the business as the beneficiary. This protects against financial loss if that person dies. by helping to cover costs like hiring a replacement, lost revenue, or stabilizing the company during transition.
By-Sell Insurance
A life insurance policy used to fund a buy-sell agreement between business owners, ensuring that if one owner dies, the surviving owner(s) have the money to buy out the deceased owner’s share and keep the business running smoothly.
Business loan protection
Life insurance taken out on a business owner (or key partner) with the lender named as beneficiary, so if the insured dies, the loan is paid off and the family or business isn’t left with the debt. It protects both the lender’s investment and the company’s financial stability.