Strategies For The Professional | Business Owner
Buy Sell Insurance
The loss of a business partner is one of the most serious risks to the survival of small closely held businesses. Therefore, a buy-sell agreement can assist professionals / business owners succession at retirement and in case of premature death.
Key Person Insurance
The professional / business owner and other key executives spend considerable time and effort in acquiring the knowledge, experience, judgment, reputation, relationships and skills that make them valuable to the business. The death of such an individual results in the loss of a key member and can have a severe financial impact.
Office Overhead Expense Insurance
Reimburses business expenses like salaries, rent, utilities and more.