What is business insurance? While personal insurance protects your family and your personal assets, business insurance is designed to protect not only your business assets, but also profits and revenue stream. We assist with several types of business insurance to protect against the impact of an unexpected death or disability within the company. This includes policies that can help with lost revenue, cover business expenses or business loan payments, fund buy-sell agreements between owners, and provide retention strategies for key employees you can’t afford to lose to a competitor.
Whether it be Life or Disability, Key Person coverage is designed to provide a cash injection to help with the cost to recruit and train a replacement, supplement lost revenue, and help with business expenses.
If an owner dies or becomes disabled, Buy-Sell Insurance provides funding for the buy-sell agreement obligation of the remaining owner(s).
These insurance plans can take over loan payments if a disability occurs or pay off the remaining loan balance in the event of death.
Don't leave your professional accomplishments to chance. Safeguard your work with protection for your professional business assets.