Thursday, October 08, 2009

 

Whole Life Insurance: Is It An Overlooked Foundation of Business Succession Planning?

When its owner for more than four decades passed away suddenly, Troy Belting and Supply Co. in Watervliet, NY could have collapsed, as do many family businesses that lose their leaders. Instead, the company continued to operate and grow, thanks in part to a succession plan funded by life insurance.

Whole Life Insurance: Is It An Overlooked Foundation of Business Succession Planning?
Source: PR Newswire

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