Business Protector

Charting the company's growth and planning bank loans, not to mention cash assets, tax deferrals, the buyback of shares, succession, are just some of the day-to-day concerns of business people who have a company to run. With tailored PACE coverage, you have peace of mind and the protection your company deserves.
 

• Market Identifier
• Characteristics
• Concerns
• Needs
• Risk Management Tool (PACE Coverage)
• PACE Has the Solution
• Suggested PACE Coverages
• Illustration
   

Obviously, since characteristics, concerns and needs vary from person to person, PACE coverage can be adapted accordingly.

Market Identifier

• Business owners aged 30 - 65
• Business growing in value
• Mid to high net worth
   

Characteristics

• Characteristics:
   
  • cost may be an issue
     
• May or may not want to pass business down to family
• Exit plan in place?
   
  •  i.e. at retirement or death
     
• Corporate debt
• Owner vital to business survival
   

Concerns

• Taxes-both corporate and personal
• Health care:
   
  • disability
  • critical illness
     

Needs

• Collateral for bank
• Buy-sell with living and death buyout
• Key person's protection
• Retirement funding
   

Risk Management Tool (PACE Coverage)

• Low cost may be a factor for new, or relatively new, business
• Mid to long term protection
• Flexibility:
   
  
  • joint first-to-die coverage
  • multilife coverage
  • convertible
  • can be added to
     

PACE Has the Solution

• Coverage only = Flex 10
• Coverage plus Accumulation = Premier
   

Suggested PACE Coverages
Flex 10

• For coverage only:
   
  • low cost
  • covertible
  • joint and multilife coverage available
     

Premier

• For coverage plus accumulation:
   
  • addresses living buyout special need
  • Accelerated Health Care option available