Buy/sell disability insurance is an absolutely integral part of any sound business succession plan, providing monthly or lump sum proceeds to a business owner with the explicit intent to purchase corporate shares from a permanently disabled partner; essentially allowing a healthy owner or owners to buy-out a disabled partner’s interest in the company. A problem […]
A veterinary practice was seeking key person disability insurance on their head small animal vet. She runs the clinic, is 53 years old and is in great health. Her salary is $150,000 a year, and the partners of the practice felt some additional business insurance on her ability to work was quite prudent considering she is the […]
As a kid I recall watching reruns of the original Star Trek series and the subsequent movie franchise. I remember hearing a narrative voiced by William Shatner remarking that space was mankind’s “final frontier.” It’s quite a vast one at that. With all of our technology and the scientific research and expertise of centuries of […]
The “rainmaker.” The term typically holds substantial clout, influence and respect. Defined as “a person who generates income for a business or organization by brokering deals or attracting clients or funds”, a rainmaker is a key employee or business owner, usually a go-getter who is mainly responsible for a firm’s incoming new business and retention […]