life insurance on business

BUYING LIFE INSURANCE TO COVER ELDERLY PARENTS

Business Life Insurance - State Farm Insurance
Small business owners work hard to establish their business and achieve success. However, there may be planning issues that need to be addressed to be sure .
http://www.statefarm.com/insurance/life_annuity/sm_bus/sm_bus.asp

LIFE Foundation | Life Insurance for Business
Brad Cunard – Surviving a Nightmare. Brad and Lisa Cunard bought permanent life insurance early in their marriage for protection, but also to allow them to start .
http://www.lifehappens.org/cat-life-programs/real-life-stories/life-insurance-for-business/

Business Life Insurance - About Business Types And Their Life ...
Get a basic understanding of varying types of business and the application of business life insurance to risk management problems.
http://www.lifeinsurancehub.net/businesslifeinsurance.html

Business Life Insurance - Wholesaleinsurance.net
Business life insurance can be used to protect a business or to provide employee benefits.
http://www.wholesaleinsurance.net/business-insurance/

Key Man Insurance Quotes - Key Person Life Insurance Rates
Key Man insurance quotes and rates from the best life insurance companies. . a death or disability occurs, the business may lose critical management skills and .
http://www.keymanlifeinsure.com/

Small Business Group Life Insurance from MetLife
Life Products. MetLife sets itself apart by offering a comprehensive Group Life portfolio that addresses the needs of our three key audiences—Group Customer, .
http://www.metlife.com/business/benefit-products/group-benefits/small-business/group-life-insurance.html

Term Life Insurance (for healthy seniors)

Key features:

  • Medical examination required, to prove that the insured is in good health
  • Life Insurance: News - Business Exchange
    Life Insurance - updated news and articles. Find the latest Life Insurance information for business professionals. Boring, you might say, but life insurance .
    http://bx.businessweek.com/life-insurance/

  • Insured covered up to the age of 90 or 95 (depends on insurance company guidelines)
  • Premiums increase towards the end of the Term
  • Many seniors outlive the fixed term so look for a policy that can be converted to whole life insurance
  • Consider purchasing Burial Insurance also, should the senior outlive the Term

Burial Insurance (for healthy seniors)

Key features:

  • No medical examination required
  • Insured person is covered for life
  • Premiums are locked-in and do not change
  • Moreover, cash value increases over time
  • If the insured is healthy, then you receive full benefit the day after you pay your first premium
  • Coverage cannot be canceled as long as you pay your premiums on time
  • Proceeds can be used for burial costs and other end-of-life expenses

 

Graded Benefits Burial Insurance (for seniors with health problems)

Key features:

  • No medical examination required
  • Insured person is covered for life
  • Premiums are locked-in and do not change
  • Policy increases in cash value over time
  • You typically only get partial coverage for the first two years, and the full insured amount only in the third year of the policy
  • Insurance company cannot cancel coverage as long as you pay premiums on time
  • Proceeds can be used for burial costs and other end-of-life expenses

Life Insurance in Business - Financial Web
Life insurance is generally thought of only with regard to protecting the financial well-being of individuals and their families. But life insurance can play a major .
http://www.finweb.com/insurance/life-insurance-in-business.html

 

 

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