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Sunshine Advisor Encourage Businesses to Consider Monetary Advantage of Purchasing Life Insurance
Date:9/6/2013

hough it is not a commonly sought after source of investment, Parrish argued that life insurance for business is a wise move for businesses large and small.

Though the life insurance gains Parrish discussed were primarily found in large businesses, developing a budget for employee life insurance can also benefit small businesses; in the event of the death of the business owner or founder, the business will not be in immediate financial danger, and will have some money to fall back on until a replacement can be found. This is also true of lower-level employees. Though these employees are not typically as harmful to the overall business as a high-level employee or owner, every loss can take a toll on a business. These benefits can be reaped with term life insurance, whole life, or no exam life insurance, for employees unable to pass the medical exams required for term and whole life insurance. To study more on the topic visit MCFIR.com.

Steve Parrish is a Forbes contributor, lending his expertise to business articles and news, offering advice designed to assist business owners in maximizing income and benefits. He has worked as a contributing author to Forbes in July of 2011.

Sunshine Advisor encouraged business owners to consider purchasing term life insurance for employees, high and low, to ease the financial burden of losing an employee, as well as provide a source for the holding of funds intended for employee benefits. Term life, whole life and no exam life insurance may be purchased to provide employees with insurance, and provide businesses with a source of monetary peace of mind.

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