Leave Your Business in the Right Hands

Commercial life insurance ensures that your business interests are controlled by the ones you trust if you were to pass.

Protect Your Business

Protect Your Legacy

Protect Your Most Valuable Assets

Your business deserves protection from a sudden passing

The death of an owner or partner of a business can cause immediate hardships and critical financial problems for the surviving owners.

  • Guarantee a trusted buyer for the assets
  • Death benefits are generally free from federal income tax
  • Cash values can be used in a buyout due to retirement or disability.
  • Strengthen the company’s credit position
  • Debts can be paid if a critical employee die
  • Give investors peace-of-mind

Don’t let your business or family suffer.

Your success is due to years of hard work, so you want to keep it safe even when you’re gone. Life Insurance can provide your family with finds to prevent the forced sale of business assets to satisfy personal property liens.

Don’t lose your legacy

A commercial life insurance policy ensures that if something unexpected were to happen to one of your key employees, the financial needs of your business would be protected.

Don’t let a personnel change hinder your business

Every employee is essential. If one of your key people suddenly passes away or becomes permanently unable to work, your commercial life insurance policy will keep your operations going while you change your game plan. Use the payout to find and train a new employee and to supplement lost income. The loss of a key employee doesn’t have to mean the loss of your livelihood.

Explore our most common coverage options for protecting your business

We understand that the pressures of running a business can be significant. We are here to assist by making buying insurance an easy, simple, and affordable process.

Buy-Sell Life Insurance

Purchase a term life insurance policy for at least the amount of your mortgage. If you pass away when the policy is in force, your loved ones receive the policy’s face value. They can use the proceeds to pay off the mortgage.

Key Person Life Insurance

When a company buys a life insurance policy on a person critical to the business’s survival, the company is the named beneficiary.

Final Expenses

Funeral expenses, burial costs, and medical bills can add up to a sizable amount. The last thing you want is for your loved ones to shoulder this extra burden. Life insurance can be used to plan for these final expenses. Permanent life insurance is available in various amounts, so you can pick a death benefit that meets your needs.

How to Protect Your Family or Business

Get a Free Quote

Give us a call at XXX-XXX-XXXX and tell us about your insurance needs. we’ll give you a quote within 3 business days.

If you don’t know your commercial insurance needs

Not all insurance coverages are the same, and they can be complicated to understand. That’s where we come in. We’ll explain each option so that you get the best possible coverage at a price you can afford. Fill out a contact form. We will call you back within 24 hours.

Rest easy knowing your business is taken care of.

Life insurance will protect your family and their income when you’re gone, making you their hero.

Testimonials

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With Crandal Insurance, we’re about your business.

We help you select a commercial life insurance policy that complements your business’ situation and thoroughly explains how it works for you.

This way, not only are your company’s best interests protected, but you also understand how your life insurance policy would apply in case an unfortunate event occurs.

If you want to sleep easy at night knowing that your business’s best interests are in right hands(even if you’re not here), you can fill out the contact form below (or call us at xxx.xxx.xxxx) to start with a free quote.

Don’t risk the livelihood of your business. Call us today!