FAQs

Term often fits temporary needs at a lower cost, while permanent fits lifelong needs with cash value. Many people use one or a mix, depending on goals. ...

We will walk you through the options and typical fits so you can decide with confidence. The choice stays yours.

There is no single best type. The right fit depends on how long you need coverage, your budget, and whether cash value matters to you.

Yes. Subtracting what you already have helps you see the actual gap new coverage may need to fill.

Every few years, and after major changes such as a new home, a new child, or a change in income.

It can be a reasonable starting point, and it is the roughest of the recognized methods. An income multiple ignores what you owe, what you already have set aside, ...

There can be a shortfall or an overfunding. We help keep the coverage aligned with the agreed value and suggest reviewing it as the business changes. ...

Structures vary. Often each owner is insured individually. We will walk through the options for your ownership setup.

The agreement is the legal contract that sets the terms and price. The insurance is the funding that provides cash to carry out the purchase.

Neither is universally better. The right fit depends on the number of owners and tax goals. Your attorney and CPA should make that call, and we will provide the ...