Quote from BillDay on 04/17/08 at 13:39:16:I have a new business with an approximate value of $750,000. I am thinking about bringing in a business partner. I believe I should be able to insure each of us for 1 million because our business will be worth that much in about a year. Do insurance companies account for what your business is estimated to be worth?
What we usually do in your situation is evaluate your assets, existing debts, business loans you may plan to take out in the near future to improve business operations. Basically we'll ask you bunch of questions to determine where your company stands. We will do an analysis, and provide you with specific recommendations.
If you feel like this process should make sense, email me or call.
Eugene Goldberg
212-819-1800
www.nmfn.com/eugenegoldberg