If you are a business owner or a self employed individual, chances are you are not covered through a group benefit plan like you would be if you were an employee of a company. Don’t worry, we can help!

 

Imagine how your business would look if you were unable to work for an extended period of time.  How long would your company be able to survive without you? As someone who is self employed, having a plan in place in the event of an extended absence from work is vital to being able to keep the company afloat and maintain your personal lifestyle. You may be able to cover the costs of any business overhead expenses during your absence. Whether it be to hire a replacement, cover administrative and supply costs, it can be a huge burden to stress over on top of dealing with the recovery process from a major injury or illness. Premiums for such a policy can be tax deductible.

 

If you are a partner, it is important to make sure you have a buy sell insurance policy in place. If something were to happen to you or your partner, having a contingency plan in place is vital to the long term future of the company.

Any corporate loans could become a burden on your heirs if something were to happen before the loan is paid off. Having it covered through a life policy may be something you should look at.