William Penn Life, 2005 (40. évfolyam, 1-12. szám)

2005-06-01 / 6. szám

MoneywiSe with Mark Lantz Searching for business solutions? Look to the WPA All businesses eventually have problems-problems that need solutions to help the business continue. Our life insurance products may be the solution to solve your business problems. We all know people in business—owners, partners, executives, salespersons and employees. Here are a few problems businesses encounter and the solutions the WPA offers: P’RxQ'B-LE Mi SOLUTION Key-Person Retention A company has a financial loss directly related to the loss of a Key Employee. This employee may be an executive, top salesperson or other valued employee. Life insurance death benefits help the company through a period of transition. Term or permanent life insurance may provide the appropriate solution. Buy-Sell Agreements Business owner(s) may want to sell the business to active employee(s) or an outside party. A funded agreement with life insurance shall provide the necessary money to complete the transaction. Without a properly executed Buy-Sell Agreement, the owners’ surviving spouses may have to close the business, and everyone loses. Business Mortgage/Loan Coverage Life insurance coverage on the owner(s) provides for debt elimina­tion, thus reducing the likelihood of a financial burden. Deferred Compensation (Retain Key Managers) Employer and employee(s) agree to defer the receipt of money through a life insurance contract. Money grows until retirement, early death or termination. Payouts are pre-determined by mutual agreement in a contract. Remember: The William Penn Association has solutions for you and your family's financial interests today and tomorrow. Call one of our agents or me to discuss how we may help you. Thank you. WANTED - Fraternal Life Insurance Agents If you enjoy the fraternalism of William Penn Association and would like to further serve your members, family and friends, then call Mark Lantz, Sales Director. I would like to share an oppor­tunity with you to further expand our society and help you to provide for their financial security. Call me at 1-800-848-7366, ext. 134 for more details. 4 William Penn Life,June 2005

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