Sunday, September 28, 2008

Business Owner Life Insurance - Common Uses

Business Owner Life insurance has long been a valuable tool that business owners use to reduce risk and to provide the basic financial foundation for continued success. Most business owners recognize the importance of life insurance and use it to solve many of the problems associated with maintaining and growing a successful company. Some common uses of business owner life insurance include: key man life insurance, security for loans, buy-sell agreement funding, asset accumulation and estate planning.

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2 comments:

Ashutosh87 said...

Hi,
A business owner’s policy is an insurance package that includes property and liability coverage’s to protect every aspect of your business. A BOP is generally designed to cover the needs of small to medium sized companies and is not suitable for larger businesses. Because a BOP is a package policy, Brayer Insurance Services is able to offer it at a very reasonable rate.

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Tee Chess said...

All uses helped me to learn the important and purpose of this insurance policy. I find that this policy is definitely must to have option to protect the business in every aspect.
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