hi I'm Tony Stewart the life insurance sage to talk about how to use life insurance in business planning using life insurance in business planning can range from the simple to the complex minute talk about the two most simple uses and the most common uses have life insurance in business planning the first basic use is key person life insurance and that's where use life insurance to replace the value a key employees that somebody that the company depends upon I there for reputation for sales or for their key ideas there the linchpin at the company the second most common use have life insurance is to find a buy-sell agreement between a pair partners or more than two partners so partners in a business we'll get together and their purchase life insurance policy sign each other Care place the income that's last if the partner were to pass away those are the two most simple uses business life insurance life insurance can be used by businesses in many other ways and are worth exploring see how they can benefit your business I'm Tony Stewart the life insurance sage and there's there's some basic tips I'm using life insurance and business planning thank you for watching bed