If your client is a business owner, insurance can help provide them with not only protection, but opportunity when it comes to growing their business. Life insurance policies can help protect shareholders and their family members, the corporation itself, as well as key persons to the business. It can also help enhance cash flow to the corporation by assigning the policy as collateral for a loan.
The client friendly article linked below reviews the importance of shareholders’ agreements, as well as other uses of corporate-owned insurance such as key person insurance, use of insurance as collateral, charitable giving, estate protection and estate equalization.
Share the link and help your clients recognize that their life, their family and their business all deserve protection, and that insurance can not only provide that protection but can also help to build assets in a tax effective way for their retirement and estate plan.
For more information on how your client can safeguard their business, share the client-friendly versions of The Importance of Corporate Insurance for Your Client, Policy Transfers: The Importance of Planning in Advance and SMART TALK… how insurance can help your clients build their business.
Have questions? Reach out to your local PPI Collaboration Centre – we’re here for you!