Behaviors That Can Raise Your Life Insurance Premiums
Posted: November 16, 2016
Your hobbies, lifestyle, and overall health impact how much you pay for life insurance. For example, if you have decided to take up scuba diving, mountain climbing, rock climbing, BASE jumping or decide that you want to get involved in skydiving, these activities will affect the cost of your policy. Essentially, your life insurance policy is a legal contract between you and the company that...
Choosing the Integral Pieces of Your Business
Posted: November 2, 2016
Key person insurance may be an important investment, particularly in a small business in which a key person or persons are crucial to the enterprise’s continued success. With this type of coverage, the company purchases a policy on the life of a key employee. In the event of an accident or illness that takes a key person’s life, the company, as the beneficiary, receives the...
Traveling with Key Person Insurance
Posted: October 17, 2016
No one wants to consider the possibility of the death of a key person in a business, but illness and accidents happen, and death is an inevitable part of life. Although we never really expect the worst to happen, accidents can occur while traveling. When the tragic death of a business owner, founder, or key employee could lead to the demise of the company, obtaining...
Are You Ready for the Next Step?
Posted: October 3, 2016
No one likes to think about what will happen when they are no longer around or able to make important decisions, but if you are a small business owner, then nothing could be more important for the future of your company. Succession planning is the practice of drawing up a plan for what will happen to your business if you pass away, retire, or become...
How Cyber Attacks Can Damage Your Long-Term Planning
Posted: September 15, 2016
As a business owner, the costs of a cyber attack can be immense and long-term. Even the sole task of notifying consumers that their sensitive information has been compromised can be lengthy and expensive. Furthermore, you could become the subject of lawsuits for financial damages, especially if the attack involves spreading messages through your website or social media accounts. Operations could be interrupted as you...