USES OF WHOLE LIFE

BUSINESS PROTECTION

Much like a family that depends on its primary income producing member for continued financial stability, many businesses are dependant on a key employee's role for the companies present and future functions. Therefore, businesses face special insurance funding needs in order to provide a financial continuity plan that will protect their owner(s) and or partners in the event of a key employee death.

Whole Life Insurance is ideally suited to provide the capital needed to adequately buy the interest of a deceased owner and, consequently, protect against the loss of services, expertise, and skill of a key employee. Life insurance will properly address three major areas of business planning.

• The funding of buy/sell agreements and stock redemption plans
• The funding of supplemental retirement programs
• Key employee indemnification