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The House’s Solid Business

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The House’s Solid Business

[youtube]http://youtu.be/E2MIJe1BAWM[/youtube]Jim House, 49-years old, was the owner of a thriving car dealership, grown with loving care from the tiny one first founded by his gr andfather. The Reymore dealership could sit on any corner in North Hills. He and his wife Nancy, parents of two grown children, were active and travelled often in apparent excellent health. Jim collapsed upon arriving at work on morning and died despite a medically induced coma. He had earlier purchased both personal and business insurance and Nancy was quick to meet with dealership employees to explain the protections Jim had put in place for them all, including a Key Man Life Insurance Policy to get them through their grieving process and reorganization. This reassurance helped employees continue to perform their jobs knowing that their futures had not been jeopardized by the owner’s untimely death. Judy also commented at length on the personal life insurance policy protection Jim had gifted to her and the family. “I didn’t have to worry about losing my home. We could keep our st andard of living. I think that was important to him.”

 

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