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Corporate Life Insurance Services
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 Most
companies have at least one employee who is key to the success of
the business. Whether it is an owner, partner, stockholder, or someone
with a high level of expertise, the loss of that person could mean
financial ruin for the company.Key-person insurance protects your company's solvency in the event of losing a key individual. Protecting your company from such potential disasters not only makes good business sense, but also, lenders and investors generally require that a business carry key-person insurance to protect their loans and investments in the company. Key-person insurance benefits are often also used to buy out the insured person's shares or interest in the company. Buy-sell agreements, which require the deceased executive's estate to sell its stock to the remaining shareholders, legally facilitate this process. Proceeds from key-person insurance can also be used to recruit replacement management. The diagram below outlines the life insurance planning and implementation process we use with many of our business clients. OUR CORPORATE LIFE INSURANCE PLANNING PROCESS  Contact
Us Today!To learn more about our corporate life insurance planning process and how we can help meet your risk management needs, please contact us during normal business hours at 714.821.6393 or click here to fill out an online information request form. |
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Shaun Black is a registered representative registered to transact business with clients in California. ^Shaun Black is advisory licensed in the following states: California. Shaun Black is also an insurance agent licensed in California - insurance lic. OF45986. Jelena Black is a registered representative registered to transact business with clients in California. Jelena Black is also an insurance agent licensed in California - insurance lic. OE88261. If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities or insurance services over the internet. *Securities offered through H.D. Vest Investment Services (sm), Member: SIPC, ^Advisory Services offered through H.D. Vest Advisory Services (sm), non-bank subsidiaries of Wells Fargo & Company, 14241 E. Firestone Blvd. Suite 400, La Mirada, CA 90638. Phone (714) 821-6393 • Fax (714) 876-0753. Investments and insurance products are not insured by the FDIC or any federal government agency, are not deposits of or guaranteed by the bank or any bank affiliate and may lose value. © 2004-2008 Black and Associates LLP • Los Angeles and Orange County California