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Key Person Protection Plans

 

The Key Person Protection Plans

 

Will the death of one of your key employees create a cash flow crisis? What if the key person were YOU? If you, or one of your key employees were out of the picture due to premature death, would your business productivity suffer? Could you lose clients? Would your sales numbers suffer? This could affect your profitability, your corporate market position, your credit rating, and even employee morale. You have fire and theft insurance — please take a few minutes to learn more about how to protect your business against human loss.

For more information, contact your Security Mutual Representative.

Video Transcript

Will the death of one of your key employees create a cash flow crisis? Do you have people with experience, knowledge, talent, or connections that keep revenue flowing into your business?

If one of them was out of the picture due to premature death, would your productivity suffer? Would you lose clients? Would your sales numbers suffer? This could affect your profitability, your corporate market position, your credit rating, and even employee morale. What’s the solution?

Would an infusion of tax-free money paid directly to the business help? Would a cash infusion reassure your bankers, your suppliers, your customers? Absolutely.

Cash can help make the transition go more smoothly, but where can you find immediate cash? Current receipts alone? Cash advances against credit cards or accounts receivable?

Try life insurance.

Life insurance can provide the cash necessary to help overcome financial difficulties associated with a loss of a key person. Your life insurance advisor can help you with this analysis. Key Person Life Insurance is the solution.

While the life insurance is purchased primarily for the death benefit, it can also provide cash values that may be used for any purpose. This means that the policy can provide cash for the business in the event of the death, disability, or departure of the key employee. The odds are that you will at some time in the future experience the death of a key employee.

Not having coverage on your key employees is like not having coverage on your building, equipment, inventory, or other assets. It puts your business’s success at risk.

Does it make sense to put you and your company at risk?

Or does it make better sense to protect you and your business with life insurance coverage on your key employees that will provide that tax-free cash infusion when you really need it?

The Key Person Protection Plan

 

Will the death of one of your key employees create a cash flow crisis? What if the key person were YOU? If you, or one of your key employees were out of the picture due to premature death, would your business productivity suffer? Could you lose clients? Would your sales numbers suffer? This could affect your profitability, your corporate market position, your credit rating, and even employee morale. You have fire and theft insurance — please take a few minutes to learn more about how to protect your business against human loss.

For more information, contact your Security Mutual Representative.

Video Transcript

Will the death of one of your key employees create a cash flow crisis? Do you have people with experience, knowledge, talent, or connections that keep revenue flowing into your business?

If one of them was out of the picture due to premature death, would your productivity suffer? Would you lose clients? Would your sales numbers suffer? This could affect your profitability, your corporate market position, your credit rating, and even employee morale. What’s the solution?

Would an infusion of tax-free money paid directly to the business help? Would a cash infusion reassure your bankers, your suppliers, your customers? Absolutely.

Cash can help make the transition go more smoothly, but where can you find immediate cash? Current receipts alone? Cash advances against credit cards or accounts receivable?

Try life insurance.

Life insurance can provide the cash necessary to help overcome financial difficulties associated with a loss of a key person. Your life insurance advisor can help you with this analysis. Key Person Life Insurance is the solution.

While the life insurance is purchased primarily for the death benefit, it can also provide cash values that may be used for any purpose. This means that the policy can provide cash for the business in the event of the death, disability, or departure of the key employee. The odds are that you will at some time in the future experience the death of a key employee.

Not having coverage on your key employees is like not having coverage on your building, equipment, inventory, or other assets. It puts your business’s success at risk.

Does it make sense to put you and your company at risk?

Or does it make better sense to protect you and your business with life insurance coverage on your key employees that will provide that tax-free cash infusion when you really need it?

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