Sentences with phrase «key man life»

For Companies: The premiums paid for key man life insurance policy are not tax deductible.

There are various types of key man life insurance coverage that may be used.

However, for those who do not need immediate coverage, taking an exam does offer the potential of securing less expensive coverage, such as for key man life insurance.

A business with key man life insurance will usually have an easier time getting approved for a commercial loan (assuming they meet all of the standard requirements).

Given the high cost of permanent life insurance, and that company needs often evolve over time, term coverage is often used as key man life insurance.

We offer comparisons of many different life insurance products, including key man life insurance, mortgage protection insurance, no exam life insurance, term life insurance, and more.

Whatever you decide, make sure that you are purchasing key man life insurance policy coverage that will cover all of the needs of your business, or as much as possible.

A significant health issue can be a real concern if you are trying to get key man life insurance to cover your loan.

Working with an experienced agent who represents multiple insurance companies is the only way to know you will find the best key man life insurance policy at the lowest possible rates.

Key man disability is separate from key man life and usually limited to a percentage of the person's income.

While key man life insurance has much to offer a company, it wouldn't make sense in some situations.

Since, 1994, we have helped thousands of business owner's and companies of all shapes and sizes find the most competitive key man life insurance policies.

There are many different reasons to buy key man life insurance.

If key man life insurance is properly structured, it may provide an attractive addition to your retirement package.

In this instance key man life insurance is a perfect match.

There may be an exam required, but in some cases there are even no - exam key man life insurance policies available.

You can also get an instant key man life insurance quote here.

Adding this rider onto key man life insurance may be a smart choice, especially when using life insurance to fund a buy - sell agreement.

There are a few different types of businesses where key man life insurance is a very good idea.

In order to uncover your best solution, you need to identify exactly why key man life insurance is needed.

There are many different key man life insurance strategies that may be used.

If you do, you may want to consider key man life insurance.

However, in some instances, the amount of key man life coverage needed may exceed the limits of traditional insurance providers.

Advance planning with key man life policies will enable you to go the extra mile when tragedy strikes.

There are two basic types of life insurance used for key man life policies: term life insurance and permanent life insurance.

We have many different products to present to you, including key man life insurance, mortgage protection life insurance, term life insurance, no exam life insurance, and more.

Given the high cost of permanent life insurance, and that company needs often evolve over time, term coverage is often used as key man life insurance.

To secure these much needed funds, lenders, as well as investors, will normally require the business to purchase key man life insurance on their key people.

While key man life insurance has much to offer a company, it wouldn't make sense in some situations.

A: We represent over 80 of the country's most competitive key man life and disability insurance companies.

It's important to note that if you're trying to insure an older or less healthy employee the cost of key man life insurance can be incredibly high.

When seeking the best premium quotes on key man life insurance coverage, it is often wise to work with a company or an agency that has access to more than just one single life insurance carrier.

The SBA, as well as many banks, often require key man life insurance as part of their lending criteria, since small businesses tend to be particularly dependent upon one or two employees, usually, the co-founders.

If you are the sole proprietor of a small business, or have significant ownership in the partnership or small corporation, you may be interested in key man life insurance.

To determine if you really need key man life or disability insurance ask yourself the following questions:

Tom owns a small key man life insurance policy through work, which is used for business purposes.

MEG Financial, a leading provider of key man insurance online explains the potential hidden value of unneeded key man life insurance policies.

In these cases, a custom designed high - limit key man life policy from Lloyd's of London can be purchased to cover the balance of the risk.

The solution to the «key man risk» dilemma and the best way to protect both the investor and the hedge fund is to acquire key man life and disability insurance on the fund «Superstar».

More specifically, key man life -LSB-...]

Income Replacement Key man life insurance policy can provide the deceased owner's spouse or dependents a form of salary, allowing them to maintain the same lifestyle they had before their loved one died.

How Key Man Life Insurance Works 2.

Generally speaking, fraud, misrepresentation and suicide within the first 2 years are the only policy exclusions with key man life insurance contracts.

A: If you have previously applied for key man life insurance and been postponed, turned down or declined, it doesn't necessarily mean that you are uninsurable with all companies.

Typically, the cost of key man life insurance is not tax deductible; premiums must be paid with after - tax dollars.

The SBA, as well as many banks, often require key man life insurance as part of their lending criteria, since small businesses tend to be particularly dependent upon one or two employees, usually, the co-founders.

Corporate Owned Life Insurance Policies including key man life insurance policies issued after August 17, 2006 may have death benefits that are subject to income taxation if certain requirements are not met.