Hull Life Insurance Corporation

Small Business Owners' Coverage

As a business owner, it would be helpful to consider purchasing additional coverage that can cover in case of business interruption or other unforeseen illnesses. Because you possibly won’t be able to work, having coverage that can cover your business while you concentrate on getting better can be helpful.

“Individuals are 10 times more likely to develop a critical illness than they are to die prior to age 65. Critical illness insurance pays a tax-free lump sum benefit after the diagnosis and survival of a covered illness. Many insurance companies offer coverage for at least 20 major illnesses, with the main ones including cancer, heart attack, and stroke. The insured can use this benefit any way they please.”

As a business owner, you might not go through these kinds of life-threatening instances every single day, but having coverage that will cover you in the case of a catastrophe could be a great asset.

4 Insurance Trends for 2022: Focus on Technology, Customer Education & Dynamics

This article from CEO World points out that more self-employed people are expected to buy policies in 2022, which is a trend we have been seeing for the past couple of years.

As we move through the pandemic, it has become increasingly clear that the self-employed are often underserved by the insurance industry.

Check out the article via the link below. If you would like to learn how life insurance could benefit you and your business, contact us. We would be happy to help.

https://ceoworld.biz/2022/01/16/4-insurance-trends-for-2022-focus-on-technology-customer-education-dynamics/

4 Insurance Trends for 2022: Focus on Technology, Customer Education & Dynamics - CEOWORLD magazine As the world turns its focus on 2022, still emerging from the Covid pandemic after nearly two years, many industries continue to shift their business models and customer-related marketing strategies to remain profitable and stay in business. The life insurance industry is no different. Companies are...