Commercial Insurance

Term Life
This insurance is a great option for those looking for protection from financial risk such as commercial mortgages.  Coverage stays level for the specified term and multiple beneficiaries can be named.

Application are taken over the phone and in some cases an approval can be issued right away!
 Up to 5 million in coverage available!  10, 20, 30 and 100 year terms as well as paid up options that have a cash surrender value.

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Mortgage Life
Mortgage insurance is another option for commercial mortgages up to 1 million so long as the mortgage is in a person’s name and not the business.  Products available:

Life | Disability | Job Loss | Critical Illness | Accidental Death

Buy/Sell Insurance
Buy/sell agreements provide for the transfer of the ownership of the business in different circumstances ­ death, disability, retirement or disagreement. At death or disability, for example, the remaining owners may not want to be in business with the deceased owner's heirs or the non-active disabled owner. As well, the heirs or disabled owner may prefer to receive the value of the deceased owner's share of the business in cash. If an owner retires, an agreement paves the way for business as usual. If owners have a falling out, a buy/sell agreement will enable the business to continue or be "wound up" in an orderly fashion.

Key Person Insurance
Key person life insurance provides a relatively inexpensive means of covering costs of replacing a deceased executive, but it also provides re-assurance to the company’s creditors by ensuring that the death does not threaten the company’s survival. Moreover, because premiums are paid in after-tax dollars the benefits are tax free.