When permanent life insurance is used, the business (as owner of the policy) has access to cash values during the life of the insured.

Accumulated earnings tax will not accrue if life insurance is purchased to reasonably compensate the business for a loss.

The business can receive an income-tax free death benefit upon death of the key person, thereby providing liquidity precisely when the need arises.

Optional disability riders are available that waive premiums in the event of the insured’s total disability.

A Business Exchange Rider may be used to substitute a new insured upon the key person’s retirement (subject to insurability).