insurance for high net worth
Why Business Owners Shouldn’t Ignore Key Person Insurance
The Critical Importance of Key Man Insurance A key man insurance policy protects businesses from financial devastation when losing irreplaceable personnel. These policies cover founders, executives, or specialized employees whose absence could cripple operations. The death benefit provides crucial liquidity to stabilize the business during transition periods. Implementing a key man insurance policy requires identifying […]
How the Wealthy Use Insurance as a Financial Growth Engine
Cash Value Life Insurance as a Wealth Tool Sophisticated investors increasingly use cash value life insurance as a versatile financial instrument. These policies combine death benefit protection with a savings component that grows tax-deferred. The cash accumulation feature provides liquidity options through policy loans, often at favorable interest rates compared to traditional financing. When structured […]