When working in the field of business life insurance, and in particular business succession or continuation insurance in Colorado, our team at DCI-INS understands the importance of ensuring that all of your requirements for this business success element are met. This is why we take the time to listen to you when we are building your customized business succession coverage package.
Why is business continuation insurance needed?
Of course, when you start up and develop your company, the thought of death and your business’ future in the case you can no longer manage it does not naturally cross your mind. However, the investment into Colorado business continuation insurance coverage is one of the most important ones you will make in regards to your company. In many cases, company rules and requirements may make it necessary for the surviving owners or key players to purchase the passing owner’s interest in the company within a short timeframe – while the funds for such a large purchase may not be readily available. Professional Colorado business succession insurance provides the financial liquidity to safeguard the company from losing its operating capital and good market standing in the event of owner death.