Entrepreneurs and other business owners often lack the kind of insurance coverage that many “traditional” employees take for granted. Many people, when thinking about launching a start-up, will think first about how to account for this missing work-provided benefit – especially medical coverage. With all of the attention paid to the Affordable Care Act, it is even more understandable that this coverage is top of mind.
But what about life insurance?
Life insurance is a very important part of your overall insurance protection, and it is an important factor in protecting the financial future of your family.
For Michigan-based small business owners who are members of the Small Business Association of Michigan, there is a valuable and affordable option to bundle a related set of plans into a complete benefit program:
- Life Insurance
- Accidental D&D
- Short-Term Disability
- Long-Term Disability
For companies with a few as two employees, there exists the option to purchase this kind of coverage – and the costs are lower than you may think.
While life insurance is not an exciting topic, it is an important thing to consider, in order to bring security and peace of mind.
For more information on life insurance, contact Ed Williams.