Successful companies know that it is good business practice to invest in their employees. A loyal, productive and engaged workforce is good for your company’s bottom line.
If the success of your business depends on the skills and expertise of one or a few employees, then you need Key Person Insurance. Key Person Insurance is life or disability insurance on the key employees.
Individuals that have a partnership business structure benefits from a Buy-Sell Agreement because it has provisions for events such as death, disability and retirement of a partner.