The Limited Partnership

A partnership is created when two or more people join together for the purpose of carrying on a trade, business, or profession, and share in the profits and losses. In a general partnership, every partner is presumed to be the authorized agent of the partnership and of all other partners for all purposes within the scope and objectives of the partnership business. As a result, all partners have unlimited liability.

A limited partnership consists of two or more persons with one or more general partners and one or more limited partners. A limited partner generally has no right to participate in the management and operation of the partnership business or to interfere in any manner with its conduct or control. There is no liability for the limited partner in regard to the business beyond his or her capital contribution.

A family limited partnership (FLP) is an entity formed as a statutory limited liability partnership under state law in which the only partners are family members.

CRN200802-2013507

Welcome to Cox Associates

Cox Associates, Inc. has advised employers and individuals with regard to their insurance and investment needs since 1967. We take pride in our professional, knowlegdeable, and responsive staff who take the initiative to give you fairness and value.

We believe that your future and financial planning needs are best served by a broker with comprehensive insurance and securities licenses - one that can provide a choice among many life, health, property & casualty, and securities products and services from a broad range of companies. At Cox Associates, we are free to shop the marketplace to find the best combination of price and products based on your specific circumstances.

This flexibility, in conjunction with today's computers and network technology means that we can often provide competitive rates and higher quality service than brokerage houses or captive agencies.

People choose to do business with people they know and trust, and this is particularly true for insurance and investments. As your insurance partner, we are dedicated to providing understandable, factual information, and our experience gives us the ability to provide solid advise, even on the most complex issues. Service is our mainstay and our entire staff is dedicated to servicing your account as a team effort - to be available to answer questions and solve any problems on demand.