![]() ![]() Losing a sole source of income can be detrimental to a family, which is why term life insurance can be vital in these situations. In this instance, the owner pays for the policy, and the company is the beneficiary, receiving the death benefit if the key employee dies. Owners with valuable employees can also take out term life insurance on them, often called key man insurance. The details are typically outlined in a buy-sell agreement contract, which is especially important if ownership or shares in the company are to be transferred to another party. Term life insurance proceeds can be used for many purposes, including replacing income, paying off outstanding debts like a mortgage, car and student loans, and covering future financial needs like childcare and education costs.īusiness owners can use term life insurance proceeds to pay off debts, expenses and outstanding taxes. The younger and healthier you are, the better your rates will be. We'll be glad to tell you.Young couples may not think they need life insurance, but this is the best time to buy term life coverage. And guess what, the insurance commissions and advertising fees are already baked into the price of an insurance policy, so you’re not paying anything extra for using our site to get coverage.īut, to keep things "100," if you ever feel the need to know what commission we'd earn on any of our insurance products, just ask us. So, how do we make money? As a licensed independent insurance agency, we get paid a commission or an advertising fee from the insurance companies we partner with if you get a quote, apply for coverage, or purchase an insurance policy. As licensed insurance agents, we do this by taking a more informal approach to how we write and talk about insurance so that the everyday person can be empowered to grab their future by the horns. Your money, your life, and your family's financial future are all very important, and being able to make an insurance purchasing decision with true confidence plays a crucial role in helping you protect it all. Insurance Education From Licensed Agents. Universal Property and Casualty Insurance Review.Is Homeowners Insurance Tax Deductible?.Can You Negotiate With Home Insurance Adjusters?. ![]() ![]() When Will A Lender Require Me To Purchase Home Insurance?.Do You Need Insurance While Your New Home Is Under Construction?.Will My Home Insurance Cover Slab Leaks?.What Insurance Covers The Possessions Inside Of Your Home?.How Much Is Home Insurance On A $150,000 House?.HO4 Policy vs HO6 Home Insurance Policy.Best Homeowners Insurance Companies In America.What’s A Homeowners Insurance Declaration Page?.Can I Change My Home Insurance In The Middle of the Year?.How To Get Life Insurance With No Blood Test?.What Happens if You Outlive Your Life Insurance Policy?.What’s A Life Insurance Incontestability Clause?.Best Life Insurance For College Students?.Best Life Insurance Companies In America.Best No Exam Life Insurance Rates By State.Best Term Life Insurance Rates By State.How Much Is $1 Million In Life Insurance?.How Much Is $500,000 In Life Insurance?.How Much Is $100,000 In Life Insurance?.Can You Get Life Insurance Quotes With No Personal Info?.What Are The Different Types Of Life Insurance?.What’s The Average Life Insurance Cost Per Month?. ![]()
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