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Why life insurance is important for business owners

Dan Levenson — Tue, 26 Oct 2021 19:54:49 +0000

One of the many reasons people start their businesses is to provide a better lifestyle for their families. Most business owners are both financially and professionally risk-takers by nature. Although entrepreneurs need to spend most of their time preparing for the rewarding business meetings and elevator speeches, only a handful give equal importance to the […]

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FAQ: What is Term Life Insurance and How Does It Work?

Dan Levenson — Tue, 07 Nov 2017 20:45:56 +0000

Term life insurance is a kind of time-limited life insurance policy whose value declines to zero after a certain term. This is in contrast to whole life insurance, which pays a benefit at the death of the insured person no matter what age. Whole life insurance mixes an insurance product with an investment product; the policy holder pays […]

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When is the Right Time to Purchase Life Insurance?

Dan Levenson — Thu, 14 Sep 2017 16:33:24 +0000

As a small business owner, you already have plenty to worry about when it comes to insuring and protecting your company. Unfortunately, for many, this comes at the expense of handling personal responsibilities and coverages, including life insurance. You may find yourself wondering, “Do I really need life insurance? Is that a necessary expense at […]

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How Small Business Owners Can Start Preparing For Retirement Today

Dan Levenson — Thu, 16 Mar 2017 14:00:37 +0000

A common approach to retirement for small business owners today is that their business is their retirement. The plan is that they will either sell the business for cash when they are ready to retire or pass it along to a family member for a share of wealth in the future or a buyout. Entrepreneur & […]

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Should You Be Offering Life Insurance as an Employee Benefit?

Dan Levenson — Tue, 07 Mar 2017 22:24:38 +0000

One of the best ways to build loyalty among your employees and boost your retention rates, as you may well know, is to offer a great benefits package. There are many different perks that you can offer to show your employees that you appreciate their hard work. But these benefits can extend beyond free coffee […]

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What Is Key Person Life Insurance? And Why Does Your Business Need It?

Dan Levenson — Thu, 27 Aug 2015 20:31:10 +0000

The smaller the company, the bigger certain challenges can feel—if you own a small business, you’ve probably experienced this firsthand. While a large corporation can take the hit of, say, a delayed product shipment, such an issue would be a nightmare for a small business staying afloat. Imagine, then, how big of a blow losing […]

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