How Insurance Can Help Build Your Business

Starting and running your own business can be both exciting and terrifying. Every day provides opportunities and challenges and you never know what each morning will bring. If you are a business owner and don’t have the right insurance plan in place because you’ve been so busy trying to grow your business, then there’s an opportunity waiting for you right now.

In addition to providing protection and mitigating risks, business insurance can also provide opportunity when it comes to building your business. For example, did you know that a life insurance policy can be used as collateral for a bank loan? It not only protects shareholders, family members, key persons to the business, and the corporation itself, it opens up new doors. Just imagine what you can do.

Take a look at this short video to learn more then reach out to your advisor to see what plan is best for you and your business.

 

 

To learn more read our article on How Insurance Provides Security – and Opportunity – for your Business

 

As always, please feel free to share this article with anyone you think would find it of interest.

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Devendra Sharma
Financial Planner & Tax Advisor
Prudent Asset Management Inc.
905-670-6999
416-419-7222