There’s more to business life insurance than the claims it pays
September 4, 2014 by Nichole Morford
Writing for Forbes, Steve Parrish makes a convincing case for business owners to consider life insurance, arguing that the product has transitioned from the equivalent of a landline phone with a single purpose in the home to a smartphone used for multiple purposes in commerce. Whether used to fund a buy-sell agreement, to protect a company from the loss of a key individual or to maximize tax advantages, Parrish argues that life insurance is too flexible a tool for business owners to dismiss.
It’s a good argument, well-timed to inspire advisors to reach out to business owners during Life Insurance Awareness Month. Click here to read…