Small business needs

Small business needs

A small business owner needs reliable advice about insurance. Entrepreneurs have more complex insurance needs than salaried employees.

Small business concerns include:

  1. life and health insurance coverage for a business owner,
  2. employee benefits,
  3. succession planning,
  4. transfer of ownership,
  5. determining the value of your business.

Your insurance advisor has to look at the big picture when addressing your insurance needs. It’s not enough to simply buy a standard package. Your advisor also has to consider estate planning, retirement planning, and your long-term goals.

With the advice of a CLU-designated advisor, you can use insurance to cover these debts and plan for contingencies.