Life insurance for business owners
For an owner, life insurance isn’t just a family-protection tool — it’s a business-continuity instrument. Without it, the death of a key principal can trigger a scramble to pay off business loans, fund buy-sell agreements, or cover the gap between a sale and orderly transition. We help clients structure personal life policies alongside business-owned policies that address both needs.
Term life
Term insurance covers a defined period — typically 10, 15, 20, or 30 years — at a fixed premium. It’s the most cost-efficient way to cover a mortgage, business loan, or dependent years. We recommend term for most young and mid-career clients whose primary need is temporary income replacement or debt coverage.
Permanent life (whole, universal, variable)
Permanent policies build cash value in addition to paying a death benefit. They’re useful for estate planning, lifelong coverage, and tax-advantaged savings, but they cost significantly more than term. We only recommend permanent when the structure actually fits your financial plan — not as a default upsell.
Disability insurance
Disability is statistically more common than premature death during working years. A disabling illness or injury that stops your income can do more financial damage than a death (with no life insurance payout to offset it). Disability coverage pays a monthly benefit when you can’t work.
Short-term disability
Covers the first 3–12 months after a disabling event, usually replacing 60% of income. Useful for bridging the waiting period of long-term disability.
Long-term disability
Kicks in after the short-term elimination period and pays through retirement age. Policy definitions matter enormously — “own occupation” coverage pays if you can’t do your specific job; “any occupation” only pays if you can’t work at all. We negotiate the right definition for your profession.
Key Person insurance
A key-person policy insures the life (and sometimes disability) of a critical employee, partner, or founder. The business is the beneficiary. Proceeds fund operating continuity, recruiting, or buy-out of the person’s equity.
Business continuation planning
If you have partners, a buy-sell agreement funded by life insurance ensures the surviving partners can buy out the deceased’s share without straining the business. We coordinate with your attorney and CPA to design the structure and fund it with the right policy type.
Service area
Licensed in all 50 states for life and disability. Our bilingual team walks every client through policy illustrations, riders, and conversion options in English or Spanish.