The need for corporate life insurance. The video outlines the 4 stages of a business and demonstrates the need for insurance in each stage.
Launch stage – Cover off any debt, Founder/Key Person, Buy Sell
Growth stage – Cover off any debt, Founder/Key Person, Buy Sell, Business Overhead Expenses, Buy Sell
Mature stage – Cover off any debt, Founder/Key Person, Buy Sell, Business Overhead Expenses, Buy Sell
Transition stage – Founder/Key Person, Buy Sell, Business Overhead Expenses, Buy Sell, Retirement, Succession/ Exit Planning, Estate Equalization