Business Life

A Life Insurance Designed to Protect Your Business

A business suffers dramatically if one of the founders, managers or partners has a critical or life-threatening illness. Such illnesses can eat deep into the sufferer’s personal savings and also negatively affect the business. However, with the Co-operators business life insurance, you can protect your business and its partners seamlessly. This life insurance is designed to make it easy for the business owner to have financial security. It also includes health insurance for the business owner and its partners. Business life not only covers the business owner and partners but it can also cover the key employees and even the business creditors.

Features and Benefits

Business Life insurance provides a lot of features which make it an interesting option. It covers every form of debt and collateral in your business and can provide coverage to you when planning for business succession. You can count on the plan for coverage buy-sell agreement funding and even in hiring key employees, partners and business owners.

  • The plan can provide sufficient financial security to the business owner, business partner, creditor and even key employees.
  • It can also provide the coverage you need to take care of debt and collateral.
  • If you are planning for business estate and business succession, this is the right plan for you.
  • The plan will also provide you the funds you require to hire partners, business owners and key persons/employees in your business.
  • The fund you need to finance your buy-sell agreement can be provided by this plan.
  • The business life insurance includes health insurance benefits for the business owners, partner and key persons in the business.

 

 

Additional resources

Learn more about your business insurance options from these informative articles.

Insurdinary provides a comprehensive quotes comparison sends straight to your inbox so you can start comparing health coverage in minutes. See plans from several major Canadian insurers to choose the right option for you. Our customer health specialists are also available to address your questions and concerns.

For more information, you may contact us at 1-877-574-7475, or complete the form below.

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