Business Insurance

There are a lot of risks involved in running a business. A chief concern is of course, the business’ finances and those of the business owner’s family. If a business owner or key employee becomes incapacitated or dies, what will happen to the business? What about the owner’s family? Will they be protected?

It is important for business owners to invest in business insurance to protect against events that may threaten the future of the business, and therefore the health and financial well being of their families. Business insurance may well be the most important opart of a business continuity plan for a small business.  There are a number of business insurance options available, and Quality Life Solutions is here to help business owners determine what a course of action is for their individual situations.

Key Considerations:

  • Individual Life Insurance:

Protect your family by providing funds to cover debts, ongoing living expenses, and future plans in the event that something happens to you. 

  • Buy Sell Agreements

With a proper buy/sell agreement in force, your business partners won’t have to scramble to come up with the money to buy out your share of the business and you’ll be guaranteed that your survivors will be compensated fairly and promptly.

  • Key Person Insurance: 

When a “key person” dies or becomes disabled, insurance can help make up for lost sales or earnings or cover the cost of finding or training a replacement.

In the case of a death, long term illness or incapacitating injury, is your business and family protected? Invest in the future of your business and family with a business insurance plan suited to your needs.