Life Insurance for Your Business

Business Continuation

Funding a business continuation plan with life insurance helps stabilize and maximize the value of your business by:

• creating a market for a deceased owner's share of the business
• establishing the price and terms of the sale
• providing the cash needed to complete the purchase

This approach also helps prevent the unintended transfer of ownership – keeping the business in the right hands. 

A business continuation plan allows you to assure your creditors that your business remains a good credit risk and to reassure your employees that the business will continue should anything happen to you.

Key Employee Protection

Employees add considerable value to every business. What would happen if you unexpectedly lost a key employee?

Key employee life insurance coverage protects your business. It can provide the capital needed to find, hire and train a new employee or lessen the economic impact of the loss of an essential employee. 

Executive Benefits

Top talent often considers the strength of an organization’s benefits package when evaluating career opportunities. A high-quality, well-planned executive benefits package can help you attract, retain and reward key leaders who drive your business forward.

Employee Benefits

Benefits play a vital role in employee satisfaction. Cincinnati Life’s Voluntary Payroll Deduction Program strengthens your benefit package by giving employees an affordable way to purchase life insurance at no direct cost to your organization. Plus, payroll deduction provides a simple, convenient payment method employees appreciate.