Business Life Insurance
Read More About Business Life Insurance:
Are you a small business owner looking to acquire a business loan and have found that lenders want you to have a life insurance policy? You’re not alone. For a lender, a life insurance policy adds extra security to the bank’s investment. At the same time, it allows business owners to grow and expand their
You’ve worked hard your entire life to take care of your loved ones. Smart investments, hard work, and drive have gotten you to a financially secure place. Financial security is fickle, however. Once you are gone, your family will be left in a vulnerable state unless you make the smartest investment of all: getting the
Do you know that life insurance can protect your family from financial stress? According to a 2016 report, 37% of American families have no life insurance. Further, 62% of those without life insurance said they would be in immediate financial trouble if the primary wage earner died. Group term life insurance is one way people
You have life insurance to protect your family in the event of your death, but what’s protecting your business? If you’re the owner of a business, ask yourself the following questions: Where do you see your business years down the road? Do you want your business to continue after your death? Is your family equipped
If you are the owner of a small or even a large business you already know the importance of attracting new employees as well as retaining current employees in a very competitive job market. In order to achieve this, offering an employee benefit, such as a voluntary employee group life insurance plan, can play an
If you are a business owner requiring a loan for your business through your bank or Small Business Administration (SBA), you may be surprised when the loan officer, or lender, requires you to purchase a life insurance policy to cover the loan amount. It is not uncommon for the bank, or SBA, to require you
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