Business insurance planning includes insurance against the loss of a key person who is vital to the survival of a business. This type of policy can be used to inject cash into a business in order to survive while you replace the lost person. It can also cover buy/sell agreements, allowing the surviving member of the business to buy out the deceased member’s interest. Other types of insurance planning include wholly owned or captive insurance companies, umbrella insurance policy planning and commercial liability. Contact Us for more information.

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business transactions, buying or selling a business, employment, estate planning, Texas business law

This entry was posted on Friday, March 6th, 2009 at 6:27 pm and is filed under Business law, Estate planning and probate, Insurance Law. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.