Whether running a small or large business, as an owner you ve put your heart and soul and likely a lot of savings into your company. Investing in an insurance plan for your business will provide you with the peace of mind that your company is financially secure. Your Inforce Life Advisor will evaluate your business and find the perfect combination of financial and insurance products for you.
Whether it is tools, resources, or simply a guiding hand, our Advisors can provide you with a detailed analysis of your business strengths and opportunities, and recommend the right strategies and products to make your business more profitable and sustainable.
A buy-sell agreement is sometimes called a business will. The reason for this is because it pertains to a legally binding agreement between co-owners of a business, in the event that one partner dies or is otherwise forced to leave the business.
KEY PERSON INSURANCE
Key Person Insurance products are vital to any business owner. This is a kind of insurance policy, which serves to compensate the business for financial losses caused by the loss of any person who is important to the welfare of the business. An employer can take out a policy of this type for any member whom it considers invaluable to the well-being of the business.