Sentences with phrase «like key person insurance»
Not exact matches
Like having life insurance to provide financial help for your family when you pass away, a SBO may want to consider «Key Person Insurancinsurance to provide financial help for your family when you pass away, a SBO may want to consider «Key Person InsuranceInsurance.»
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Interestingly, key person insurance also may be the most neglected type of business insurance because it isn't a required or highly visible type of insurance like liability insurance or property and casualty insurance.
Your kit for the people in your family, which should include: flashlight and extra batteries; credit card and cash; copies of personal identification; a portable, solar - or battery - powered radio or television and extra batteries; an extra set of car keys; matches in a waterproof container; duct tape; extra clothing and shoes; extra medication and copies of insurance information; permanent marker; and an all - in - one tool like a Swiss army knife or Leatherman ®.
Erie Family Life can help with life insurance solutions for funding business continuation plans, key person protection and even employee benefits like deferred compensation and executive bonus plans.
Company - owned life insurance to pay for things like key person coverage and to fund a buy - sell agreement
Key person insurance covers a specific person in your company, like the owner or CEO.
If your business has diversified into many fields, like media or entertainment companies, you may also need key man insurance, as a key person is integral to the continued success of your business.
Key person insurance is exactly what it sounds like.
Interestingly, key person insurance also may be the most neglected type of business insurance because it isn't a required or highly visible type of insurance like liability insurance or property and casualty insurance.
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When purchasing key person life insurance, the policy's beneficiary, owner, and payer should always be the business, just like a Buy - Sell Agreement.
This gives you a key advantage; you'll know today what to expect to pay for life insurance, and which highly rated companies offer best rates to people just like you.
You might need life insurance for business purposes, like protecting against the untimely death of a key person or to fund a business perpetuation plan