Life insurance is one of the easiest ways to help protect the ones you love, and is often seen as the foundation of a strong financial plan. You may need to be sure your spouse or partner can pay off your mortgage or you might want to take care of your children’s education. You may want to enjoy some of your retirement benefits before you retire, or you may want your two-income household to stay a two-income household, no matter what. No matter what your needs, David Malt & Associates can help you find the perfect combination of coverage to protect your loved ones and set a foundation for a strong financial future.

Are you a Business Owner – Business Partner?

As a means of helping to ensure the continued function of a company in the event that a key person within the organization dies, business life insurance provides coverage that can help make a difficult situation easier to manage. Business life insurance can assist the company with the wide range of factors that arise when an owner or a key executive is no longer around to handle his or her critical responsibilities.

Essentially, business life insurance can be thought of in terms of being key person insurance. By insuring the life of persons who are critical to the life of the company, it is possible to safeguard against the unexpected demise of an individual who possesses a skill set that is foundational to the success and ongoing life of the company. While business life insurance cannot completely fill the gap left by the death of a valued member of the organization, life insurance coverage will provide the corporation with financial resources that can be applied to the expenses associated with finding and training a new employee. Business life insurance proceeds can also be used to cover the expenses of obtaining consultants and other temporary services that will assist the company in continuing to operate in the short term.