Key person insurance is a type of life insurance policy designed to pay a business upon the death of a key business partner, owner, or indispensable employee.

This powerful strategy for business owners not only protects their business from a negative financial impact created in the wake of the death of a key employee but it can also be used to retain key employees when combined with a creative deferred compensation strategy.

In this brief video interview, Mike and I discuss the basics of key person insurance and how it can help your business.

We hope you enjoy this brief educational clip and that it empowers you as you create or improve your own business financial plan!

Request a complimentary review of your retirement plan by calling Michael Mitchell toll-free at (833) 370-0777.

Or you can request your review by using our online form here [ Ссылка ]

For more than 40 years, Mike Mitchell has provided customized financial strategies to individuals, families, small business owners, and retirees. Mike is part of Follow the Money's Christian Advisor Referral service. Learn more here: [ Ссылка ]

Jerry Robinson is the founder of Followthemoney.com and is a licensed life/health insurance agent. Learn more about Jerry here: [ Ссылка ]

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