Business Continuity Starts With the Right Policy
Protecting Your Business Continuity
A Buy/Sell Agreement policy provides the cash a surviving business partner needs to buy out a deceased or disabled owner's share, keeping the company stable and avoiding forced sales or disputes among heirs.
Key Person Coverage
A Key Person policy insures the life of an owner, executive, or other critical team member so the business has funds to cover lost revenue, recruit a replacement, or repay debt if that person dies unexpectedly, protecting management stability and succession planning.
A Commercial Insurance Package Built for Your Business
Peter is experienced in the commercial insurance markets and can create a package including but not limited to the coverages listed below.
Commercial Auto
General and Professional Liability
Commercial Buildings
Inland Marine
Workers Compensation
Employment Practices Liability Insurance
Excess and Crime
Surety Bonds
Four Decades of Business Ownership, Now Working for You
Peter can be of great help to you. As the owner of a number of profitable businesses over a 40 year period he brings an understanding of the total commercial enterprise from hiring the first employee, the road to profitability right down to the insurance needed to protect it.
Peter has personally navigated the risks business owners face, from staffing to growth to protecting what they've built, and brings that first-hand perspective to every commercial policy he designs.
Common Questions About Commercial Coverage
How do I know which commercial coverages my business actually needs?
It depends on your industry, number of employees, property, vehicles, and contracts. Peter reviews your operations during a consultation and recommends only the coverages relevant to your risk exposure.What's the difference between a Buy/Sell policy and a Key Person policy?
A Buy/Sell policy funds the purchase of a deceased or disabled owner's share of the business, while a Key Person policy protects the business against the financial loss of losing a critical employee or executive.Can I bundle multiple coverages, like Commercial Auto and General Liability, into one package?
Yes, Peter can assemble a tailored package combining any of the coverages he offers, often at better overall value than purchasing each separately.How long does it take to get a commercial insurance package in place?
Timelines vary by business complexity, but most packages can be quoted and bound within a few weeks after an initial consultation and information gathering.
Let's Build the Right Protection for Your Business
Please let Peter Potente know your life Insurance and Commercial Business needs and he will look forward to setting up an informative and valuable consultation with you personally.