"Business Owners" Table of Contents

How Business Owners Use Life Insurance to Protect Against the Loss of a Key Person

As any business owner knows, when it comes to running a company, everyone counts. You can’t bring in money without a salesforce. You can’t count the money without an accounting department. You can’t run the computers without an IT specialist.

You can’t secure the building without security personnel. And you can’t keep the floors clean without the maintenance staff. The same goes for every clerk, administrator, secretary, supervisor, manager, and executive. Your business runs on... READ MORE

How Business Owners Use Life Insurance to Fund Partnership Agreements

It’s a common practice for business owners to take on partners. While there are many reasons behind why you may want to take this step, there are also some crucial things to consider when entering into a business partnership... READ MORE

How Business Owners Use Life Insurance to Protect Their Families

Owning your own business has many perks and can bring plenty of freedom and success. You may have started a business because you like your independence or you wanted to get rich. You may like a challenge or simply want to build a better mousetrap or mop. Maybe you believe you can make the best pie, or computer, or automobile, and want to share your passion with the world. But will your business alone be enough to... READ MORE

How Business Owners Use Life Insurance to Cover Business Loans

If you are a business owner, you know that businesses need infusions of cash on a regular basis. Whether you are starting a business or growing an established company, you need capital to get going. Capital, in the form of cash, is necessary to open the doors of your business. It’s required to expand into a... READ MORE

How Business Owners Use Life Insurance to Provide Bonuses to Selected Executives

As a business owner, you invest copious amounts of time, money, and energy into your employees. Don’t you want your investment to pay off? Employee turnover can be extremely costly to your business, and this is especially true when... READ MORE

How Business Owners Use Life Insurance to Make Charitable Gifts

What is one trait that successful business owners share? An attitude of gratitude! Business owners who have advanced in their field don’t forget those who helped them get to the top. They honor their parents, they give credit where credit is due, and they see the importance of every contribution to the cause, whether from the janitor or the CEO.

On top of that, they also value and appreciate charities and... READ MORE