Welcome to the Business Planning Concepts section of mutualtrust.com! Here you can learn about the advantages of using whole life insurance to protect and invest in your business.

There are numerous reasons for businesses to offer life insurance as part of their employee compensation package. Primarily, it's purchased in the business world for the same reason all life insurance is bought, to offset the economic loss associated with the death of an individual.

In addition to offering group life insurance to employees, businesses often design special benefit and compensation packages to attract and retain key employees. (A key employee is someone whose services constitute a substantial asset to the company and whose loss of services would result in substantial costs to replace.) Companies also sometimes set up buy-sell agreements to protect the financial health of the business should a key shareholder die.

How whole life insurance can help YOUR business

Case Studies: In the case studies that follow, you’ll see examples of how other business owners have used whole life insurance to manage risk and meet their business goals. Please click on the images below to learn more.


Personal Whole Life

Buy-Sell Agreement

Key Person Whole Life


At-A-Glance Chart of Business Planning Concepts:
Here is a quick overview of the solutions we offer and their benefits.

Next steps

To explore solutions to meet the unique needs and goals of your business, contact your Mutual Trust Life Insurance Company representative.

To locate a Mutual Trust agent in your community, click here.

Our Life Insurance Products

> Whole Life Insurance

> Term Life Insurance

> Fixed Annuities

> Riders


Calculate the Benefits

Human Life Value Estimator
Assess the impact your earnings have on your family and other loved ones.

Retirement Savings Estimator
Determine the amount you will need to save each month to reach your goals for retirement.

Retirement Income Estimator
Determine the amount of income you will earn throughout your lifetime.

How Long will the Proceeds Last
Find out how long the proceeds from an insurance settlement will last.

Effects of Procrastination
Find out how much you can save if you start now, as opposed to starting ten years from now.


Find An Insurance Advisor

Mutual Trust insurance advisors can help you achieve your short- and long-term financial goals. Don't wait, consult one today.

Find an advisor.

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