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Business Insurance
Business Term offers low-cost life insurance and is the ideal term choice for business owners. If you or a key person were to die unexpectedly, insurance can ensure that your business continues to provide enough funds for your beneficiaries to cover potential capital gains taxes and the collateral needed for debt financing.
Some of the features of business term insurance include:
- It is a cost-effective way to fund a buy-sell agreement since it ensures funds are there when they're needed
- Provides immediate tax-free cash to help a business replace a key person
- Insurance can provide beneficiaries with the funds needed to pay estate taxes
- One plan can cover you and your business partners
- Coverage can easily be updated and changed
- You choose the payment option that suits your needs and cash flow
Choose from:
- 10 year term coverage
- 20 year term coverage
- Life-time coverage (starting at age 40)
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