LIFE INSURANCE
As a business owner, you’ve worked hard to build your business
and your estate. But, if you don’t properly plan, estate taxes and
other estate settlement costs could significantly deplete what is
left for your heirs. Life insurance can help preserve your estate
from depletion by estate taxes.
Life insurance can often provide the liquidity that your estate
needs to pay estate taxes and other estate settlements costs.
Without it, it may be difficult for your estate to raise the
necessary cash to pay these expenses. Life insurance also ensures
that cash is available to purchase the business owner’s interest
at death.
We can provide the appropriate life insurance protection to meet
both your personal and business needs, with variable, term, and
universal policies.
Variable Life Insurance
- Provides a fixed death benefit, as well as a cash value
investment portion
- Specially designed for the policyholder
Term Life Insurance
- Available for individuals or groups
- Set for a specified period of years and can often be renewed
- Competitively priced and, in many cases, portable
Universal Life Insurance
- Typically provided as an individual policy that supplements an
existing employee-sponsored group term program
- Permanent policy that provides cash value investment portion
and death benefit
- Fully portable
- Premiums remain the same throughout the contract
