Is it Time for Business Owners to Take Off Their Invincibility Cloak?

entrepreneur's invincibility cloak

Something about the phrase, “Don’t worry about it,” automatically has the opposite impact on me. Whether it comes from one of my kids or someone trying to convince me of something I’m unconvinced about, that phrase always makes me suspicious. Here is a story where a business owner was told by his business partner, “don’t worry about it,” when asked … Read More

Why It’s Critical to Pay Attention to Your Beneficiary Designation?

beneficiary designation

Whether you’re taking a contract for your business or personally, naming a beneficiary is a valuable feature of life insurance and segregated funds policies so it is important to carefully choose your beneficiaries.  Have you made any of these common mistakes with your beneficiary designation? Estate – the default choice Many people choose to name their “estate” as their beneficiary. … Read More

What are the 6 Things I Need Business Protection Insurance for?

Business owner benefit plans

Reduce Business Risks by Implementing Business Protection Insurance for Management Team and Key People As Business Owners, we all assume certain business risks.  In my discussions with business owners, I’m astounded by the types of business risks that some owners are willing to make.  Ironically, none of these individuals I would consider stupid, overly aggressive or brazen.  Some of these … Read More