Are you the “guy”?
Business owners generally understand everything about their company. Not only do they know the ins and outs of all things financial, but they’ve likely operated in a production or service-providing capacity, too. So they are the main engine that drives a company’s success.
That’s what makes them critically important. Perhaps irreplaceable (or at least seemingly so). Yet you want your company to carry on without you or other key players.
Key man programs accomplish just that.
At its simplest, key man insurance is life insurance on the key person in a business. Often this is the owner, the founders or perhaps a key employee or two. These are the people who are crucial to a business — the ones whose absence would jeopardize a company’s future.
These are the people you need to insure.
Premium Resources can help. We’ll assess your business and the impact that a potential loss might have. We then match you with a plan that ensures continuation of your business if a loss occurs.
Make sure your business survives with key man planning.