Business Life Insurance ensures the continuation of your business should you or a key employee die while still actively involved in the business.
Succession Planning ensures the smooth transfer of a business to its successor at retirement, death or disability, based on a properly designed and funded buy-sell agreement which…
- determines who takes over the business and at what value.
- ensures that continuing profits go to shareholders who are active in the business.
- makes certain that the shareholder’s heirs receive a fair price for their interest.
- when funded with life insurance can convert an illiquid interest into cash providing a stable and secure income for surviving family members.
Contact our Benefits Department today and let us assist you in pulling together a successful plan.