Sentences with phrase «purchase of key person»

We understand that the purchase of key person life insurance can entail a number of different variables, and there are several different ways in which these plans can be set up.

Three key plans that are often used by business owners include buy / sell agreements, cross purchase plans, and the purchase of key person life insurance.

Not exact matches

But over and above, the location you chose to open your gutter cleaning services company is key to the success of the business, hence entrepreneurs are willing to rent or lease a facility in a visible location; a location where the demography consists of people with the required purchasing power.

The location you chose to open your office cleaning services company is key to the success of the business, hence entrepreneurs are willing to rent or lease a facility in a visible location; a location where the demography consists of people with the required purchasing power.

If you wish to steal Ashley's unique ensemble, then you have to grab those two key pieces, both of which are from Free People and can be purchased at Shopbop or the Free People website:

After all, one of the reasons that people purchase a mobile phone is so they A dating site where existing members hold the key to the doorGuys new to vibeline can take advantage of a 30 minute free trial which can be used

Also Once Sold This Special Example Will Be Presented To The Next Lucky Custodian With The Entire Booklet Pack Set, A Fully Cleared Hpi Certificate, A Fully Functional Key Set To Include The Green Master Key And The Original XKR - S Sales Brochures That The First Keeper Would Have Acquired At Point Of Purchase Back In 2005, With All These Items Fully In Place For The Next Person To Keep And Cherish During Their Own Time Or Ownership.

Since most people purchase books based on the principle of self - interest, the key to powerful marketing is to show how you meet other people's needs.

Because key person insurance is simply life insurance that insures the company against the loss of a key business partner or key employee, the decision to purchase key person insurance necessitates some choices about the type of insurance that is most beneficial.

There was the chance to earn these items for free by playing the game, but the extremely high number of hours players were expected to grind away at the game to unlock key franchise characters was unreasonable and deliberately pushed people towards unlocking them via purchases instead.

«The key is having two very principled people involved,» says Bill Lacy, president of Purchase College, State University of New York, and executive director of the Pritzker Architecture Prize.

You'll want to include information like: the name and contact information of the person (s) organizing the corporation; the name and a description of the corporation, including its primary activities, business address, and any known details like the expected annual revenue; information on the terms of the board of directors; rules on stock ownership and purchases; the contact information for the corporation's president, vice president, secretary and treasurer; the contact information and positions of key employees; how shareholders can approve corporate action; any benefits offered by the corporation; and more.

Key Executive / Person Insurance Life insurance purchased by a business on a valuable employee (or owner - employee) to indemnify the business against the potential financial loss that would result in the event of that individual's death.

While marketing for term life insurance to a younger generation would involve highlighting that buying early can save people money in the long run, the emotional impact of discussing final expense insurance coverage, its affordability, its relative ease in terms of comparison to a traditional life insurance policy and the fact that it gives a great deal of peace of mind for someone approaching retirement and beyond are some of the key ways that a final expense agent can assist with this purchase and encourage people to take that final step of obtaining a policy.

In many cases, a corporation or other business entity purchases a policy on one of its key people to protect against his / her premature death and the consequences to the company's revenues.

If your business would be dramatically impacted by the loss of one or more of your top people, key man insurance can effectively protect against this risk and you should consider purchasing key man insurance policies to protect your company.

Typically designed so that the surviving business partner would have the money to purchase the company interests, life insurance for businesses can also be structured as «key person insurance,» where if a key employee dies the business owner will receive a benefit to help offset the financial impact of losing the key employee.

Key man insurance, commonly referred to as key person insurance, is essentially life and / or disability insurance purchased by a business on the life of a key employee or business owner to offset financial losses that would arise from his or her death or extended illneKey man insurance, commonly referred to as key person insurance, is essentially life and / or disability insurance purchased by a business on the life of a key employee or business owner to offset financial losses that would arise from his or her death or extended illnekey person insurance, is essentially life and / or disability insurance purchased by a business on the life of a key employee or business owner to offset financial losses that would arise from his or her death or extended illnekey employee or business owner to offset financial losses that would arise from his or her death or extended illness.

For years, companies both large and small have purchased and owned both key man life and key man disability insurance policies on the lives of their strategic people so that business continuity can be maintained in the unforeseen circumstances of a death or disability.

Proceeds from an insurance policy can be used to train a successor for a deceased key person or to purchase a business owner's shares in the event of his or her death.

For key person insurance policies, a company purchases a life insurance policy on its key employee (s), pays the premiums and is the beneficiary of the policy.

You can purchase more coverage with term life, which is beneficially when covering a large mortgage on your home, protecting the primary wage earner of the household, key person life insurance, or covering a small business loan.

They are useful in situations where term insurance can not be purchased due to the age of the key person or when coverage needs to be extended over a person's lifetime.

Key man disability insurance is purchased on one or more key people in a business to protect the business from the economic loss associated with the disability of a key employKey man disability insurance is purchased on one or more key people in a business to protect the business from the economic loss associated with the disability of a key employkey people in a business to protect the business from the economic loss associated with the disability of a key employkey employee.

Key Person insurance is life insurance purchased by the company on the life of an employee or employees whose loss would have adverse effects on the company.

For an employee of the business who is also an equity owner, the maximum amount of life insurance a business can purchase is 10 times the key person's income, plus the fair market value of their ownership interest in the business.

Most of the time this product is purchased by high net - worth individuals or business owners wanting a key person policy.

These will depend primarily on the type of company that is purchasing the policy (or policies), the number of key people that are being insured, and the specific goals that the company is trying to accomplish.

Because key person insurance is simply life insurance that insures the company against the loss of a key business partner or key employee, the decision to purchase key person insurance necessitates some choices about the type of insurance that is most beneficial.

Three key reasons that people purchase travel insurance are to safeguard their financial investment with trip cancellation and interruption, protect against unexpected situations and expenses, and provide peace of mind.

One of the key reasons that people purchase life insurance, however, is for paying funeral costs and other final expenses.

We can provide you with all of the key details that you require for making a well - informed life insurance purchase decision — and we can do so for you very quickly, easily, and conveniently — all from your computer, and without you having to meet in person with a life insurance agent.

Definition: Key Person Insurance is any type of life insurance that is purchased by the business organization on the life of the key person or persons, with the organization listed as the beneficiaKey Person Insurance is any type of life insurance that is purchased by the business organization on the life of the key person or persons, with the organization listed as the benefiPerson Insurance is any type of life insurance that is purchased by the business organization on the life of the key person or persons, with the organization listed as the beneficiakey person or persons, with the organization listed as the benefiperson or persons, with the organization listed as the beneficiary.

Once you've identified the key people on your team, you'll want to get an idea of how much coverage to purchase for each person before you speak with a life insurance agent.

The amount of insurance you purchase for a key person should be predicated on the risk involved.

The broker principal designates who in the organization is considered a key person and purchases a life insurance on that person, pays the periodic premiums, and is the beneficiary of the policy.

Definition: Key Person Insurance is life insurance purchased by the business organization on the life of the key person or persons, with the organization listed as the beneficiaKey Person Insurance is life insurance purchased by the business organization on the life of the key person or persons, with the organization listed as the benefiPerson Insurance is life insurance purchased by the business organization on the life of the key person or persons, with the organization listed as the beneficiakey person or persons, with the organization listed as the benefiperson or persons, with the organization listed as the beneficiary.

Account Representative — Duties & Responsibilities Experienced manager with a background in purchasing, inventory, customer service, accounting, and sales Recruit, train, and direct staff ensuring they understand the brand and adhere to company policies and procedures Set and strictly adhere to departmental budgets and timelines Consistently meet or exceed sales goals through networking, in personal sales, and other tactics Conduct research on prospective leads and existing clients to assist in developing sales strategies Craft effective sales presentations and proposals, tailoring them to clients based on their specific needs and styles Collaborate with junior level sales people to develop action plans to govern their performance Maintain comprehensive records detailing pricings, sales, activities reports, and other pertinent data Build and strengthen relationships with key clients, partners, and community leaders Oversee $ 8.9 million company inventory, supply, and purchasing operations Achieve fill rate performance of 95.7 % in 2010 Oversee varied material purchasing while constantly analyzing market and pricing trends Review proposals, negotiate prices, select suppliers, and oversee purchasing / delivery logistics Responsible for forecasting, requirements analysis preparation and execution, RFP processes, bid analysis, negotiations, and contract awards in accordance with company guidelines Provide financial oversight of accounts receivable, payable, and general ledger ensuring profitable operations Serve as departmental liaison for corporate Diversity and Inclusion initiative Represent company brand with poise, integrity, and positivity

They surveyed 24,000 new homeowners a couple of years ago and they asked people what their key motivations were in driving a new home purchase.

Whilst I disagree with the rebate scheme that this organization advertises as a means to attract dual agency «customer» (vs. «client», as they describe it) business for one of the reasons that Alan M alludes to below (potential misrepresentation vis a vis the seller - buyer «must transact» the sale - purchase simultaneously) wherein their advertising above it states that «If a seller lists their home with the RedPin.com and at the same time «engages» them to buy a new home,...» (the key word being «engages», which means to sign a BRA), it will nevertheless be interesting to observe for how long this salaried method of remunerating their sales people will last.