5 Things You Must Know About Retirement

No matter where we are in our careers, thoughts often turn to retirement. From the young person just starting out in the employment journey to the seasoned veteran who is counting the days until finally being able to retire in peace, the concept of retirement is filled with challenges, misconceptions, and even some surprises. Retirement … Continue reading 5 Things You Must Know About Retirement

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How Business Loan Insurance Plans Work (Part 2 of 2)

In the first part of our two-part series on business loan insurance solutions, we introduced the concept of these life insurance plans and how they can provide advantages to businesses of many types. We contrasted unincorporated versus corporate business interests, went over the financial hardships that may be experienced in a business owner’s untimely death, … Continue reading How Business Loan Insurance Plans Work (Part 2 of 2)

Is Business Loan Insurance Required?

Businesses all over the world rely on loans to establish new ventures, inject capital into growing operations, or to fund many other aspects of the overall business. Business debt is part of the cost of doing business, and creditors may require that closely-held corporations personally guarantee repayment of this debt. Small businesses, especially with sole proprietors … Continue reading Is Business Loan Insurance Required?

Key Employee Indemnification Insurance Policies, Explained

Companies around the world insure their assets with business insurance. This is designed to protect from financial losses arising from property and equipment damage or destruction, such as in the case of certain natural disasters. Protecting key employees, however, is a commonly-overlooked area for many firms. Most people know that successful businesses are made up … Continue reading Key Employee Indemnification Insurance Policies, Explained

How to Safeguard Your Business with Overhead Expense Protection

In our first article about business expense protection, we discussed the odds of a business owner becoming disabled at some point in his or her career. We also talked about typical business overhead expenses and the potential funding sources that can be used to pay for these expenses while the owner is disabled. We also … Continue reading How to Safeguard Your Business with Overhead Expense Protection

Business Liquidation Insurance: How to Prepare for the Worst

The decision to liquidate a family-owned business is not one to be taken lightly. The death of a business owner, or a situation where the owner becomes disabled and is no longer able to manage business operations, can cause family members to feel pressure to divest themselves of business assets. This can have long-ranging negative … Continue reading Business Liquidation Insurance: How to Prepare for the Worst

Business Overhead Protection: What You Need to Know

There are many factors that influence the success or failure of a business. The costs of doing business, including manufacturing, distribution, and marketing of products or services are some of these financial factors. Overhead costs, such as rents, employee salaries, and utilities can also eat into the profitability of a given company. If the company’s … Continue reading Business Overhead Protection: What You Need to Know