Why Your Business Needs Shareholder and Key Person Insurance скачать в хорошем качестве

Why Your Business Needs Shareholder and Key Person Insurance

What happens to your business if a key owner or top performer suddenly passes away or becomes disabled? In this video, we explain why shareholder insurance (also known as key person insurance) is essential for protecting your business from unexpected financial disruption. You’ll learn: What shareholder/key person insurance is and how it works How it can fund buyouts, cover lost income, or recruit replacements 6 key reasons every business should consider this coverage: Protects productivity and continuity Reduces stress during a crisis Aligns coverage with business valuation Covers income loss and recruitment costs Scales based on your financial stability Offers potential tax advantages Whether you’re a growing business or an established firm, key person insurance provides a vital safety net—keeping your operations intact even during difficult times. Watch now to understand how this insurance fits into a smart business continuity plan. Read the Biz Tip: https://accountants.sva.com/biz-tips/... Check out the eGuide: The Definitive Guide on Establishing, Paying, and Protecting Shareholders https://accountants.sva.com/definitiv... Subscribe to SVA Certified Public Accountants YouTube Channel: https://www.youtube.com/c/SvaProServi... #shareholders #shareholderinsurance #keypersoninsurance #businessinsurance #sva #svacertifiedpublicaccountants #ShareholderProtection #BusinessContinuity #SuccessionPlanning #BuySellAgreement #BusinessRiskManagement #TaxPlanning #financialprotection Chapters: 00:00 Introduction 00:34 1. Key Person Often Vital to Company's Operations 00:52 2. Peace of Mind Knowing There is a Plan in Place 01:03 3. The Amount of Shareholder Insurance 01:16 4. Insurance Ensures Loss of Income Incurred is Covered by the Policy 01:29 5. Struggling Company May Purchase Insurance to Remain Solvent 01:45 6. Tax Implications if Policy Used to Purchase Shares in the Event of Death/Disability of Key Person