Key Person Life Insurance for Your Business Planning
Business insurance is a risk management tool enabling businesses to transfer their risks. All businesses insure against risks—such as fire, theft, natural disaster, legal liability, and automobile accidents. Equally important is insuring the business in the event of the death or disability of a business owner, partner or key employee. You want to ensure that you take the steps to protect your business from the financial consequences of events that could disrupt operations, reduce profits, or even cause the business to go bankrupt.
Capacity Benefits & Financial Services can provide your organization with Key Person Life insurance. Key Person Life insurance can help a business continue its success by reducing the uncertainties under which it operates in the event an owner, partner or key executive passes away.