|
|
|
Friday, November 20, 2009
|
|
Advanced Life Insurance
|
 |
Call us at (800) 940-3002
|
|
|
|
 |
What is Keyperson Life Insurance?
|
|
|
|
|
|
|
|
DISCLAIMER: The purpose of this information is to provide general information which
is subject to change and is specific to state law.
ReliaQuote is not providing legal advice. If you have a specific legal issue
or accounting issue, you should consult with a lawyer who is licensed to practice
law in your jurisdiction or a certified public accountant familiar with tax regulations
in your jurisdiction. |
|
|
|
|
|
|
|
Maybe your business is operated primarily by one person or maybe your company is
run by a small team of executives whose expertise is the lifeline of your business.
The premature death of a key person could signal the premature death of the business.
With a Keyperson Life Insurance Policy, a business can increase the chances of survival
if it were to lose a key member of the organization.
- cover business debt
- leave working capital for a surviving partner(s) to continue the business
- identify and hire a replacement for the key person
- provide cash for the business in case there is a major revenue shortfall because
of the loss of the key person
|
|
|
|
|
|
|
|
 |
|
|
