Most business owners are surprised to learn about the variety of products available to them beyond a disability plan. Key employee plans, business overhead, and buy-sell agreements are all important products for business owners to be aware of in order to protect their business and finances now as well as in the future.  I would love to meet with you via zoom or in your office to discuss these types of coverage.

Key Employee / Executive Bonus – Here, the employer pays some portion of the premiums to fund a life insurance policy on the employee. This helps in a variety of ways: 

• Enhances their compensation and benefits package

• Assists with recruiting efforts and retention of the employee

• Policy is owned by the employee  – can be retained at retirement or if leaving employment or providing a benefit to the beneficiaries upon their passing.

An overhead policy assists with expenses if the business owner were to become ill or disabled.  It assists with paying for rent/mortgage payments, utilities, supplies, and employee wages. 

The best part is the coverage periods can be customized and disability coverage can be added to these policies as well.