The importance of Business Insurance concepts

You can never complete learning about the concepts of Life Insurance. Recently, I attended a seminar about Estate Planning for Muslim and Non Muslim. An Insurance Trust can be organize for the Muslim, it is legal. After all, we work so hard for ourselves, and our family.
If there is no succession planning between partnership or corporations, what can happen to the family when one of the partner is no more around? And how would the company pays the widow of the partner? A funded buy-sell agreement and adequate keyman insurance would have complete the succession plan. It would provide the widow with money and the surviving owners with an in-flow of working capital at time they need the money most. What about loans that need to be settle when any of the partners pass on, will the bank cancel the debts? There is also the Debt cancellation program that can be done so not to effect the guarantor's family. All the above are concept of business insurance and it only cost you less than a chicken feet to protect the business and the family.
Latest breakthrough, the online renewal of road tax. There is no need for the registration card and the public can excess the service through www.myeg.com.my and www.jpj.gov.my. Users can opt to have their road tax delivered to their home. Payment can be make via credit card or debit cards. There is no need to go to the bank to collect your registration card and pay at post office anymore and later give the registration back. I support the idea.
Till next time.... Cheerio