Life Insurance for Business

Life Insurance is a unique product that can leverage pennies to create dollars! Used in the context of a business it can build capital, protect the business and provide significant benefit to executives, key employees and the business itself.

Key Employee Life Insurance

Key Employee Life Insurance is purchased by the company on employees who play important roles within the company. This coverage protects the business in the event of the death of one of these employees.  The death benefit can either go entirely to the business or be split between the business and the key employee’s beneficiary. This coverage can also be used in a Buy/Sale Agreement between principal partners in a business. 

Executive Bonus Life Insurance

Executive Bonus Life Insurance is purchased by the company to benefit the executive staff. This coverage builds cash for the executives, is a tax deductible expense and is completely discriminatory, meaning the company can purchase this coverage on any employee it chooses.

To learn more about Life Insurance, click here.