Not sure where to start? Fill out our unique form and we will find the best life insurance for you.
To protect your company from financial bankruptcy, get Houston, TX key person life insurance through Best Life Insurance Houston Agency! Best Life Insurance Houston Agency can get you the key person life insurance that will protect your company from hardship should your most important team member unexpectedly passes away.
We are a life insurance company that can get you high-quality, affordable life insurance policies with excellent coverage for you and your employees. Our expert team has over 15 years of collective experience in life insurance and can answer any questions you may have. In addition, we provide other forms of business life insurance, as well as personal life insurance.
About Us and Our Houston, TX Key Person Life Insurance
Best Life Insurance Houston Agency is an insurance agency that wants to help you get the life insurance that you need today. There are plenty of insurance policies here that can help you, so you should pick whatever suits your needs.
Apart from key person life insurance, have plenty of different life insurance policies here that can safeguard your finances. For instance, we have life insurance policies such as business life insurance, personal life insurance, retirement plans, and much more. You can learn more about our other policies on our website.
We at Best Life Insurance Houston Agency firmly believe that life insurance doesn’t only have to benefit your beneficiaries when you’ve passed on. This just means that you should get the life insurance that actually benefits you while you are alive, through great cash savings and death benefits. In short, we mean that you deserve life insurance, not death insurance.
Our main business hours are from 9 AM to 5 PM on Mondays through Fridays. However, if you need to talk to us at a different time, then you don’t need to worry. You can set up an appointment with us on Saturday instead. This way, we can help you whenever you need.
In addition, our insurance agents will make sure that you will learn everything that you need to know about your current insurance policy. This way, you can definitely make use of all the benefits that you have available to you.
For more information about death benefits, insurance quotes, key employees, small business owners, and more, then you can call us today.
Explore Incredible Key Person Life Insurance
So keyman life insurance is a great option for companies who want to protect their business. To get specific, this is to protect those companies should they lose a key person in their business that they would have trouble recovering from. After all, you don’t want to risk your company going out of business by losing a significant employee.
A keyman is defined as whoever contributes the most to your company, so much so that the business would be significantly affected were they to die. Examples include executives, founders, presidents, but also small business owners, employees tied to the company’s brand or reputation or who bring in the majority of business, or employees tied to company’s product design, marketing, creation, and more.
There are different types of keyman insurance that you can get as well. For instance, there is term keyman insurance, and there is permanent keyman insurance.
Term keyman insurance is insurance for a set period, ranging from one to five to ten to 30 years. It is ideal for businesses with a keyman reaching retirement or for small businesses. Term keyman insurance has the advantage of being less expensive than permanent ones.
However, permanent keyman insurance is great for protecting the keyman throughout their lifetime. This is ideal if you prefer secure and stable premiums and if your keyman is young and intends to stay on for many years. Plus, business could always sell policy and receive a payout.
In keyman insurance, there are usually three main stakeholders: The policy owner, which is usually the founder or founders; the insured, which is the key employee; and the beneficiary, which is the person or entity that will receive the payout (or death benefit) if the key employee dies while the policy is still in effect.
Explore Other Options
Best Life Insurance Houston Agency also offers other types of business life insurance, such as employee life insurance or group life insurance. This insurance serves to provide enough coverage for the final life costs, childcare, and other additional plans for your employees. Plus, it also protects employers from liability in case of an employee’s accidental death while on the job.
For personal life insurance, we offer both term life insurance and permanent life insurance like whole life insurance. The difference between term life insurance and permanent life insurance is that term life insurance can only last for a fixed time. This makes it much more affordable for most people.
In addition, there are different types of term life insurance that you can get. You should think carefully and think about which type it is that you need based on your current needs. There are different types of insurance plans such as ten year plans, thirty year plans, fifteen year plans, and much more.
Whole life insurance, by contrast, is a type of permanent insurance, which means that it can protect you for your whole lifetime. Also, you can accumulate tremendous savings with this policy. In fact, these are savings that you can even access while you are still alive.
That said, since this plan covers you for your whole lifetime, it is much more expensive than term life insurance. Also, if you use up all the savings, then you won’t have any death benefits left to pass onto your beneficiaries when you do die.
Contact Best Life Insurance Houston Agency For Great Key Person Life Insurance
Sometimes in life there is that one extraordinary person that contributes so much to your company or business that having them gone would be a death blow, a not-so-casual vacancy you may not recover easily from. When that happens, it’s best to have excellent key person life insurance so that your company can be protected.
Best Life Insurance Houston Agency can provide you with excellent key person life insurance that you can rely on when your key person is no more. We have years of experience in the life insurance business, so call today or drop by our office. For Houston, TX key person life insurance, Best Life Insurance Houston has you covered.
Fun Facts About Houston, TX:
- Houston is the fourth populous city in the U.S.
- Houston’s total size is over 600 square miles.
- It was founded in 1836.