Most of us want to know that the business we have worked so hard to build will continue, no matter what happens to us.

Protection for your business.

• It can provide liquidity when it's needed most. This can help to ensure the company's continuity.
  
  
• It can help remaining partners pay off large debts.
  
  
• It can be used to buy out the deceased's shares and compensate their family if they were also a shareholder.
  
  
• Or it could compensate the owners for lost income if they chose to close the business.

In the event a key person dies:

• It can provide the working capital to recruit and train a replacement for a key employee who has passed away.

Protection for your business partners and your family :

• Life insurance on your life can help your partners purchase your business interests after you die from your estate or heirs.

• Your family will benefit too, since they could receive payment for your share of the business as quickly as possible.

• It can help keep the business going while a new partner is found.