Business Risk Insurance Explained

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Business Risk Insurance.


Business owners often have unique risks that might not be adequately covered by their personal insurance.

Business Insurance can be used to protect against the loss of a key person and the possible resulting drop in revenue, as well as provide the ability to repay debts and protect assets from creditors. It can also be used to fund a business succession agreement, in the event an owner of the business needs to sell their share (as a result of permanent disability or death).

Insurance options include:

  • Buy/Sell Insurance
  • Key Person (Capital) Insurance
  • Key Person (Revenue) Insurance
  • Business Expenses Insurance

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