Corporate-Owned Life Insurance
If You Should Ever Need It, Make Sure the Funding Will Be There
In 2013, an estimated 7,000 small businesses changed hands, and not necessarily by choice. Death or disability can force companies to change leadership. Without a proper buy-sell agreement, or the funds to support it, an owner’s spouse or an outside buyer can end up taking over for the deceased. That’s why buy-sell funding is so critical: It protects both the business and the owner’s dependents down the road.
That’s just one example from the many major challenges you could face without the right protection in place. M3 works hard to thoroughly understand your business. We’ll then be able to make important recommendations to help you manage risk and achieve your long-term insurance goals. Tools that could be vital to your business include:
- Life Insurance
- Key Person Protection
- Buy-Sell Funding
- Estate Preservation
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