If You Own a Business, You Need a Buy-Sell Agreement. A buy-sell agreement is a contract created by business owners to help ensure that if one of the members passes away or becomes disabled or retires then that person’s ownership interest will be sold to the remaining partners or to the company. A life insurance…
How to Insure a Home-Based Business. Running a home-based business can be a great way to be your own boss and have more flexibility in your schedule. However, it’s important to make sure you have the right coverage to protect your business and your assets. Homeowners insurance: Your homeowners policy may already cover some of…
Key Person Insurance vs. Life Insurance: What’s the Difference? In business, every employee is important – but some employees are essential. As a business owner, you have options when it comes to purchasing life insurance. You can provide policies to all employees, but there is more you can do. But what policies should you get…