Business owned life insurance is a strategic financial tool that allows companies to protect themselves against the economic loss that can occur when a vital team member passes away. These policies enable your business to remain financially stable during transitions, fund buy-sell agreements, and provide liquidity when it’s needed most. Beyond basic coverage, business owned life insurance creates a valuable asset on your company’s balance sheet, potentially improving your financial ratios and borrowing capacity while simultaneously creating a tax-advantaged reserve that can be accessed if needed for future business opportunities or challenges.

Our business owned life insurance solutions are tailored to your company’s specific structure, size, and industry needs. We create customized plans that balance immediate protection with long-term cash value accumulation, all while optimizing the tax advantages available through various policy structures. Through careful analysis of your organizational structure, financial objectives, and potential vulnerabilities, we design coverage strategies that address both known risks and potential contingencies. Our approach integrates business owned life insurance with your broader business continuation planning, creating coordinated protection that activates seamlessly when needed. We help you navigate complex regulatory requirements surrounding company-owned policies, ensuring full compliance with notice and consent provisions while maximizing the financial benefits available to your organization.