The clear answer
Separate your own life-and-health needs from the benefits you offer employees. A business may also have key-person or succession risks that require different policy ownership and beneficiaries. Put the purpose of each policy in writing before comparing options.
Start where you are
Keep the key points above in mind as you work through these next steps.
A checklist for this chapter
Use these prompts to organize your priorities before you compare policies. A licensed review should account for your individual situation, not just the life-stage label.
- Create a sustainable benefits contribution budget.
- Identify personal and business life-insurance needs separately.
- Coordinate succession documents with counsel.
- Assign responsibility for benefits renewals.
Keep the conversation personal—and your information protected
The first request needs only contact details and a broad coverage interest. There is no need to provide diagnoses, full birth dates, government identification numbers or payment details. The dedicated agent will confirm product availability, the licensed assisting entity and the appropriate next steps.
Business owners: common questions
Why separate personal life insurance from business protection?
A household benefit, key-person policy and business succession arrangement have different purposes, owners and beneficiaries. Coordinate business legal documents with counsel.
Make this about your life.
Tell us your priorities and how to reach you. A dedicated agent can explain the available options, service scope and compensation that apply to your situation.
Start a conversation