Small Businesses | Transamerica

Small business owners are more aware than ever of the need to protect their businesses. However, most don’t know how life insurance could be an important tool in protecting their life’s work.

Small businesses — there are approximately 33.3 million of them — comprise 99.9% of U.S. businesses and 45.9% of the country's private workforce employees.¹

Knowledge is power

To help demonstrate the many ways life insurance can add powerful benefits at every stage of the business life cycle, we've prepared a comprehensive guide.

DOWNLOAD

Using life insurance to fund nonqualified deferred compensation arrangements can be a powerful tool to help attract, retain, or reward top talent.

Key employee life insurance can help protect against the loss of a critical employee's contributions and expertise.

Learn about buy-sell agreements — and how they can be a powerful business succession tool.

Adavanced Markets

The Advanced Markets Group is your go-to resource for business, estate, and tax planning guidance from experienced industry professionals.

Everything you need to know in one place

What you need to know to help design the best solution for your client

Formation and taxation of business organizations

Overview of tax considerations and requirements

¹"2023 Small Business Profile," U.S. Small Business Administration, Office of Advocacy, 2023

²"State of the American Workplace report," Gallup.com, February 6, 2020

³ “Solving Succession Problems in Family-Owned Businesses,” Gallup.com, April 8, 2019