Expert: Life insurance, annuities can guard business owners in lawsuits

Expert: Life insurance, annuities can guard business owners in lawsuits A recent survey found that 4 in 5 businesses owners are concerned about frivolous lawsuits, but few have asset protection plans to prevent or limit losses due to legal action. Life insurance, annuities, limited partnerships, limited liability companies and captive insurance companies can provide some protection, says Frank Seneco of Seneco & Associates. Forbes (3/17)