Delaware Business Update, from CNC Insurance Associates Inc. " Small Business Continuity With Life Insurance" 4-12-15

As a small business owner, you do everything. Not only are you the rain maker but you are also responsible for running the business as a well - oiled machine. So what happens to the business if something happened to you. What do you want to happen to your business?   You are the key person, and your business needs to cover your life so it can either continue , be sold, or wind down. How do you accomplish this?  There are many options but simply have your business buy life insurance on you. You can tailor the policy so the death benefits can do what you want it to do, and the business can expense the premium as a business deduction. Business owned life insurance is a great tool to allow your wishes for the business to be fulfilled.  Check with your professional insurance advisor and agent for the proper use of business life insurance. Your small business is like family, so life insurance is one of the best ways to protect it. Until next time be careful out there and know your risks.

G. Kevin Nemith, President CNC Insurance Assoc. , & The Small Business Insurance Center
Serving DE, MD, PA, NJ & VA.
www.cncinsurance.com
www.bizinsurancetv.org

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