We can help protect a business due to the untimely death of a key person of a business.In small businesses a loss of certain management level member could devastate a business. This can be true of one person businesses, home-based businesses, partnerships and family owned businesses.
These insurance policies can be tax deductible and the proceeds are tax-free. The benefit paid can assist in the process of locating, hiring, and training a replacement.Lost business and financing of any number of transactions can be covered by an adequate insurance plan.This type of life insurance can help business continue or buy out portion of business owned by the deceased or disabled.Key Person life insurance should be packaged with a commercial insurance policy to protect the interests of the business.Occasionally Venture Capitalists will require Key Man Life Insurance to obtain funding.The covered employee’s family does not receive any benefit when a death occurs.Fill out our form to determine How Much Life Insurance you might need.
Contact us or fill out our Life Insurance Quote form for a no-obligation quote.
We offer our services throughout the State of Texas including the cities of Arlington, Fort Worth, Keller, Southlake, Grand Prairie, Dallas, Grapevine, Hurst, Euless, Bedford, Saginaw, Azle, Lake Worth, Flower Mound, Denton, Irving, and Roanoke.