Using Life Insurance to Solve Business Problems.

And here is a list of how life insurance may solve business problems:

1. Improve business credit
2. Underwrite key men
3. Attract important executives and other employees
4. Hold executives and other employees
5. Underwrite deferred compensation commitments
6. Underwrite lease commitments
7. Underwrite capital requirements for successor management
8. Guarantee the retirement of stock
9. Guarantee a market for a business
10. Fund pension commitments
11. Guarantee the accumulation of profit-sharing funds
12. Provide for the liquidiation of business interests
13. Underwrite the capital growth that can be conservatively expected on the basis of a business's earning performance
14. Underwrite the capital value inherent in the owner's skill and following
15. Underwrite the ability to exercise stock options

Source: Life Insurance Desk Book, Institute for Business Planning(IBP).