Monday, 05 November 2018 13:42
What is Business Life Insurance?
Definition of business life insurance (noun)
1 : insurance on the life of a member of a partnership or upon an officer or stockholder in a corporation payable so as to finance purchase by surviving owners of the insured's interest after the insured dies
2 : insurance on the life of a sole proprietor payable so as to finance the purchase of the business by an outside interest at the owner's death
3 : insurance on the life of a key employee for the benefit of a business concern
Does your business have a need for Business Life Insurance?
For a free initial consultation, call (800) 680-5596, or complete the form below.