Structuring a course of action for your clients can prepare them for management succession, ownership transition, contract fulfillment and more if a business owner dies. Life insurance, can help ensure success of their business continuation plan by providing necessary funds for a smooth ownership transition. A properly funded plan:

• creates a market for a deceased owner’s share of the business
  

• establishes the price and terms of the sale
  

• prevents the ownership of your business from transferring into the wrong hands
  

Certain employees are critical to your business operations and profitability. Key employee life insurance can protect their livelihood as well as the incomes of their remaining workers by providing:

• readily available cash to hire and train a new employee

• security for extra expenses or lost revenue resulting from the loss of a key person

• assets to contract a worker for assistance to fulfill immediate needs

Check out the Case Study below discussing one of the many options available for Business Continuation and a Consumer Piece for Key-Employee Protection.