Life Insurance for Businesses

Overview

Business life insurance protects against various contingencies, ensuring funds for business continuity and safeguarding investments. This course explores different business structures, common problems, and specific challenges. It’s designed for insurance agents, financial planners, and financial professionals advising businesses.

Find this course for your license

License or Certification

Regulator

Objectives

Compare and contrast the characteristics of sole proprietorships, partnerships, corporations, and limited liability companies
Describe the factors that influence the choice of business organization
Understand the purpose of buy-sell agreements in business continuity planning and the role of life insurance in funding buy-sell agreements
Explain the circumstances in which key person life insurance is appropriate for a business
Discuss the use of deferred compensation and salary continuation arrangements and how they are structured
Describe the basic features of corporate-owned life insurance

Designed For:

Life and health insurance producers and finance professionals

Course Information

Adding additional credit may change exam requirements.

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