Executives and shareholders are often on top of a million things at once to successfully run their business – so it’s no surprise that some things can get glossed over and/or forgotten. One of the most overlooked, but most crucial areas in business is planning for the catastrophic risk of death or disability amongst key executives or shareholders. These events can have a severe negative impact on profitability, or in many cases, the survival of your business.
The best way to equip your business against such risks is Key Person Insurance. Corporately owned and funded Key Person Insurance offers phenomenal protection for your business, while creating opportunities to provide additional value to your executive, management, and ownership team. The investment required to adequately hedge against these risks with insurance is miniscule when compared to the magnitude of the financial risks at play.
The loss of a key executive person or shareholder at a company is difficult to even think about, much less plan for. The good news: we’re here to help you navigate through the tough stuff.
Humi has recently partnered with the team at Kearns Edgewater Financial Services Inc. (KEFSI) to provide our clients with access to the advice and solutions needed to succeed through unexpected, difficult times. Insurance solutions are the most cost-effective way to address these risks, and the process-oriented approach from KEFSI will give you invaluable peace of mind. They’ll ask you the right questions to assess your situation and devise a solution that best suits your circumstances.
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If these questions haven’t already been evaluated and planned for, we strongly recommend you complete a risk assessment and fact find with our partners at KEFSI.
We’re here for you. Reach out to us at email@example.com for additional assistance.