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Small Business Owners and Life Insurance Benefits

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I mentioned in a previous post why a buyer or a seller of a business should have proper and adequate life insurance.

But, I want to go on to discuss employee benefits. To attract and retain quality long-term employees, it’s always been recommended that benefits be worked into your wage and salary computations.

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However, to look at our employees as teammembers and our business is only going to be as good as the people we have working for us, it’s fair to give them options. So, on a voluntary basis (meaning they pay 100% of premiums incurred), I can offer group life insurance at very low premiums.

This life insurance may be something that their family does not have. If we have a mom and a dad and children and we are living within our budget, but don’t have a lot of extra, things like this could easily be overlooked.

As an employer, having someone like me come in to explain to them what CAN be done, many times for the price of a soda, you could protect your family. This offering, even though it may be their expense, displays to them that you actually care about their well-being. While we’re giving them to raise, we’re also caring and concerned that we have the knowledge of knowing and sharing with them an opportunity.

Again, my quoting and consulting are free of charge.

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Debbie SearsMay 2, 2016

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