Personal guarantees

Personal guarantees

As you lay your head on your pillow each night, does your mind wander to what ifs? Or do you fall into a deep, dreamless sleep without a worry?

You run a successful service business.

You can't stop the phone from ringing.

Woe is me? No way. More like WOW is me.

(Hiring is a huge pain in your side, and auto insurance costs are through the roof, but we'll table that for now).

Sometimes you tap into your line of credit, but it's not often. Maybe 5 times a year... when a big job causes A/R delays. (Pro tip: talk to my pals Edward Cross and Connor Trahan if you need help in that department.)

At the end of the day, you are personally on the hook for the success of your business.

YOU are committed to getting your team home safely each night.

YOU intend to get your kids through college debt-free.

YOU promised your spouse a trip to Europe next April.

YOU personally guarantee the success of your business.

YOU are worried.

There are things we cannot control. While you don't control what's going to happen tomorrow, you can prepare for it.

If you personally guarantee your business through your business or personal assets, consider this a sign.

Unlike buildings, equipment, homes and stocks, life insurance is liquid.

September is life insurance awareness month. Since tomorrow is not promised, take action today.

What life insurance can provide:

  • A roof over your family's head
  • Job security for your employees
  • The legacy of your business
  • One less worry for those you love

No question is off limits when it comes to life insurance. Comment, send me a message or email me at Kate {at} scullyinsurancegroup.com

Consider this your sign.





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