Business debt and family income protection
Protecting your business and loved ones
What’s most important to you? The business you’ve worked hard to build? Your family and loved ones? We can help you protect both with a business debt and family income protection plan funded by life insurance.
So how does it work? Your business purchases a life insurance policy on you and your business is the owner and beneficiary. When you die, your business receives insurance proceeds, which are generally tax-free. Your business can use the proceeds to pay debts and mortgages and could also provide an income to your family.
Our business debt and family income protection plans can help you:
Maintain business revenues
Pay off business debt and mortgages
Replace income no longer received from your business
Cover personal debt and mortgages
We’re here to help customize a plan that protects what’s most important to you.
Related resources
401(k) investment options
Learn about your investment options and access resources to help you with your investment decisions.
A guide to retirement planning and investment basics
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Individual life insurance
If you were to die unexpectedly, would your loved ones be financially secure? Protect your family’s future.
Business life insurance
You and your top employees are your business’s most important assets. Protect what you’ve worked so hard to build.
401(k) and other retirement plans
We have the 401(k) and other retirement plan options and services to help you and your employees plan for retirement.
