Small Business and Self-Employed Business Owners Help Center

A 10 Step Guide to Successful Small Business Management

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Table of Contents

Ten Building Blocks
to Success:
 1. Starting a Business
 2. Financing a business
 3. Company Name
 4. Office Equipment
 5. Hiring
 6. Business Insurance
 7. Advertising
 8. Efficiency
 9. Pension Plans
 10. Succession Plans

Checklist for Success

 More Useful Advice:

Life Insurance

Disability Insurance

Medical Insurance

Long Term Care

Travel Insurance

Dental Insurance

        Resources

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Helpful Links Page 2

Helpful Links Page 3

     Link Exchange

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Job Opportunities

Dental Practices:
Buy, Sell, Valuation

Medical Practices:
Buy, Sell, Valuation

 Businesses For Sale

 Sales Leads

 Gifts For Clients

 

 

Life Insurance

    The purpose of Life Insurance is to protect our family and/or business by giving them money to replace the income no longer earned when we die. Therefore, the
only type of life insurance that does that and only that at an affordable price is Term Life Insurance. All other forms of life insurance add an element of savings that is NOT necessary. Other forms of savings, such as a pension plan, using the same money, will yield much better returns usually without any surrender charges.

    When speaking to a life insurance agent you might be shown very expensive life insurance policies such as Whole Life Insurance, Universal Life or Variable Life. These policies have their place but should be avoided completely until such time as your have adequate Term Life Insurance.

    Insurance is one of the important financial decisions of human life that indeed seeks attention. Since you cannot predict the future that's why it is important to protect yourself and your financial belongings against harms and damages. Visit the ampminsure community and clear all your doubts now!

Now that we have clarified that point, let's review all these types of Life Insurance.

(1) Term Life Insurance

(2) Whole Life

(3) Universal Life

(4) Variable Life
 

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