Could Have Should Have, Would Have...Too late

I had a call recently from a client I recently acquired. In reviewing their benefits package I had proposed $50,000 of employer paid group term life insurance and also pointed out the exposure the business had relative to several key people. Like many closely held businesse's this client stays very busy and procrastinated on a decision despite costs that looked very reasonable.

The sudden death of a key employee last week leaves a family with no life insurance and the company scrambling to fill the shoes of a key employee. Most life lessons are tough but life insurance lessons can be brutal.