Life insurance for business owners

Whether you’re operating a startup or a long-running business, life insurance is a versatile tool that can help you achieve your business goals and safeguard your hard work.

Life insurance can help protect you and your key employees in the event of an unexpected death.

A permanent life insurance policy could also help you achieve more with your company’s investable assets.  The cash value of a permanent life insurance policy grows tax-advantaged within government limits, meaning your assets may not be subject to the generally high tax rates that apply to corporate investment income. This provides flexibility while you are alive and may have a significant positive impact on your estate or surviving shareholders.

We offer the following types of life insurance for business owners.

Term life insurance

Term life insurance is well-suited to meet short-term coverage needs for your business at the lowest initial cost.

Universal life insurance

Universal life insurance provides flexible lifetime coverage to meet the changing needs of your business.

Participating life insurance

Participating life insurance provides lifetime insurance coverage while helping you achieve your personal and business goals.