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December 8, 2022

7 Ways Entrepreneurs Use Life Insurance

When I get asked what I do, I tell people I’m a Life Insurance Advisor to High and Ultra High Net Worth Entrepreneurs.  A common follow-up question is: Do entrepreneurs use Life Insurance differently?  After having specifically served this segment for over 10 years now, I can confirm that entrepreneurs, especially High Net Worth entrepreneurs do indeed use Life Insurance in different ways to, say, a Fortune 500 CEO.   Some of these applications of Life Insurance for entrepreneurs are straightforward. Others are slightly more creative ways of managing and protecting a business, the entrepreneur's personal assets, and their legacy. . . .

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