My Business is still growing. Can my buy-sell funding be tailored to provide for additional growth?
Yes, your business could purchase a life insurance policy that is flexible enough to allow for the addition of death benefits without proof insurability. One option is to purchase a universal life policy with an increasing death benefit. Another option is to purchase separate policies as the need arises, provided the owners are still insurable.
Related Questions
- Is advancement of technology driving business growth, or are the growing needs of businesses driving technology advancements?
- What types of businesses generally utilize accounts receivable funding for the growth or maintenance of their business?
- Can the Skills for Growth courses be tailored to suit the specific needs of a Business?
