Partnering For Your Future™.
Key Employees: Protecting Valuable Assets
You can help protect your business from the sudden loss of a valuable employee with a life insurance policy on certain key people. Key person insurance is designed to indemnify a business against the loss of a valued team member's skill and experience. Suppose you lost your most productive sales manager tomorrow. What would you do to replace the revenue stream he or she generated? How long would it take to recruit a replacement and bring that person up to speed? Would other employees become worried and begin seeking new jobs? Would customers begin to do business elsewhere?

Key person insurance can help replace lost profits; provide the cash to recruit, hire, and train a replacement; and assure your customers of business continuity. Generally, the company owns the policy, the premiums are not tax deductible, and the death proceeds are received income tax free by the company (there may be alternative minimum tax consequences, however, for a business organized as a C corporation).

Copyright © 2008 -- Liberty Publishing, Inc. All rights reserved.
Gene G. Stern, CLU®, CRPC, CFP®
President
805 Executive Ctr Dr W
Suite 120
St Petersburg, FL 33702

ph: 727.369.1512
fax: 727.578.4024
toll free: 800.232.3653

Gene.Stern@LFG.com

Planning

Sound financial health. It takes in-depth analysis. It takes careful planning. It takes solutions, tailored to help meet your unique requirements. We employ a disciplined, structured approach to financial planning which, by design ensures that we incorporate all of your needs, goals and objectives, in developing a financial plan that's appropriate for you.

We first fully understand and analyze the specifics of your financial situation and, then, provide you with the information, advice and alternatives you need to make the best possible decisions about your financial future. Each of our financial plans is designed to help meet your unique needs, circumstances and objectives. Here's a representation of how we work with you:

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