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Monthly Archives: September 2013

Wise Policies

Why Life Insurance Is Important for Small Businesses

By BILL WALTHOUSE

In any business, the death of a key person can seriously cripple stability.
Therefore, securing a life-insurance policy is an essential part of a business plan regardless of the industry served, and for many reasons.
For example, with life insurance in place, the business can use the death-benefit proceeds to help cover the expense of finding, hiring, and training a replacement, which is often a burden for even healthy… Continue reading →