Business Life Insurance

Business Life Insurance

Business life insurance can prevent the unexpected death of a business executive, business partner or even a major stock holder or investor, from taking away the future of the business. Without key person life insurance, a company may not have the funds to help recover from that loss by being able to replace the key person in a timely manner.

Another form of business life insurance funds a buy/sell agreement. I think it’s safe to say that most partners don’t understand that if the other partner dies, the deceased partner’s family owns that percentage of the business. I’ll leave to your imagination what kind of problems that can create. With a partnership buy/sell agreement funded by life insurance in place, the deceased partner’s family can be bought out and the business can remain intact.

Again, I’ll leave to your imagination what would happen if a major stock holder in your company were to die. Their estate would own the stock if it were sold it can create havoc, especially if the estate sells low in order to get what they can, while they can

Business life insurance can be what saves the business you’ve worked a lifetime to create.

More Questions? Check Out Our Blog!

The Hinerman Group knows that every situation is unique and it can be difficult finding the best answers. Be sure to check out our blog where you will find a comprehensive bank of topics covered regarding Life Insurance. The background covered in The Hinerman Group blog will point you in the right direction and help you get your family the coverage you need.

Want to talk? Call Ed directly at (719) 539-7914 for a FREE CONSULTATION. *Ed released the fish and it went on to have a full life.


My 20 years of experience give me the knowledge and leverage to find reasonably priced Life Insurance for people who have been declined or are paying more than they need to.

Let’s get together and get it done right for you and your family!