One of the easiest strategies to explain and implement with business owners is Key Person coverage. The primary purpose of insuring a key person is to help the business get through potentially difficult times should a key person die. A key person can be the business owner or a valued employee. Depending on who the […]
In many family-owned businesses, the commitment and contributions the children make is not equal. Sometimes this is because the older siblings come into the business earlier and carve out their place. They are often resentful of younger siblings who enter the business later expecting to be treated equally when they haven’t “earned their stripes.” Sometimes […]
DBS wants to stand by its goal of making life insurance easy and more profitable for YOU, the advisor. That’s why we’ve created a number of tools and resources to help you better understand the topics. Take a look at our comparative summary of life insurance-based executive compensation plans for a better understanding of the […]
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