Key man insurance is an essential element of a good business plan, but it’s a risk management strategy that is often overlooked. Business plans are ever-evolving processes, no matter what stage of business you’re in. Business plans often change with economy, market conditions, new opportunities and unforeseen threats. Complete Business Plans The basic elements of [...]
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Key Man Insurance for Your Business Increases Credibility with Lenders and Investors
July 18th, 2011 
admin If you’re a small business owner, especially if you own a start-up company trying to get off the ground, you know that capital is essential to the success of your business. Cash is the fuel that powers up your business and allows it to grow and gain momentum. In many cases securing business capital can [...]
Business Planning and Key Man Insurance
March 21st, 2011 admin Whether you have been in business for several years or if you are looking for capital investment to fund a start-up, the advantages to having a strong business plan cannot be understated. One of the most often overlooked Risk Management Strategies is key man insurance. Every good business has a few “key” people that are essential to the successful operations and ultimate profitability of the company. Proper business planning dictates that these key executives and employees, the ones driving the revenue for the business, should be protected. When you stop to think about aren’t your key people your real assets in your company? It is only prudent to protect these key assets.
