Life Insurance for Risk Management: 

Life insurance is a risk management tool. 

As a business owner, risk is something you learn to live with. Every time you introduce a new product, expand your business procedures, finance a new business endeavor, increase your production capacity, accept a sale on credit; you are taking certain amounts of risk. In addition to insuring against losses due to liability issues, property loss, loss due to accidents, acts of nature, vandalism or theft, you can also insure against the complexities you would face at the loss of a key employee. 

You can ease the risk that would face your business if one of your key employees was no longer available . By purchasing life a life insurance policiy on the key employees of your business, you could ensure that your company would continue to be financially sound, that your family would be financially secure or that outstanding loans would be paid for without burdening those left behind.