No one likes to talk about death, but a frank conversation now could save you a lot of stress down the road. We offer life insurance solutions to provide peace of mind knowing a plan is in place if the unthinkable happens.
Here are some options to choose from:
Partner & Key Person Life Insurance
The death of a key person in a small business can cause the immediate death of that company. Life insurance can help the company survive the blow of losing an employee that generates a large portion of the profits or possesses a skill set vital to the organization.
Here’s how it works: A company purchases a life insurance policy on the key employee, pays the premiums, and is the beneficiary of the policy. If that person unexpectedly dies, the company receives the insurance proceeds. The funds can be used to pay for the deceased partner’s shares, pay off debt, recruitment and/or training costs.
Personal Life Insurance
Employees shouldn’t rely solely on their Group Life Insurance benefits. Many employees don’t have enough life insurance because they likely believe one of these common myths. We help educate your staff to make the right choice for their life insurance needs.
About 80% of people overestimate the cost of life insurance. Let us put your mind at ease. Get a quote from us today.