Insurance

Help Protect businesses with the right business solutions

BUY-SELL PLANNING

An agreement among business owners to proactively address specific financial risks and inevitabilities. A buy-sell agreement is funded by insurance to help minimize the turmoil caused by the sudden departure, disability or death of a business owner or partner.

  • Redemption Buy-Sell Plans
  • Cross-Purchase Agreements
  • Cross-Endorsement
  • Trusteed Buy-Sells
  • Insurance LLCs
  • One-Way Buy-Sells

EXECUTIVE BENEFIT PLANS

Building a competitive advantage is one of the biggest challenges facing employers. What provides the biggest competitive advantage? Attracting, retaining and rewarding the talent needed to ensure continued success.

  • §162 Bonus Plans
  • Corporate-Owned Life Insurance (COLI)
  • Death-Benefit Only Plans
  • Executive Bonus Plans
  • Non-Qualified Deferred Compensation
  • Restricted Executive Bonus Arrangements
  • Short-Term Deferral Plans
  • Supplemental Executive Retirement Plans (SERP)

BUSINESS SUCCESSION PLANNING

A solid succession plan can drive business growth, reduce taxes, set the stage for retirement and preserve family harmony.

  • Family-Owned Businesses
  • Farming Families
  • Multi-Generational Planning
  • Imbalanced Estates/Estate Equalization
  • Benefit and Succession Planning for Businesses
  • Business Entity Options & Plans

QUALIFIED PLANS

Do you need a bigger tax deduction than what a typical qualified plan will allow? Would you like a retirement plan that will provide a survivor benefit for your family? Would you like a retirement plan that provides a predetermined benefit on the retirement date of your choice regardless of stock market performance?

  • Life in a Qualified Plan
  • §412(e)(3)/Fully Insured Plans
  • Defined Benefit Plans
  • Employee Stock Ownership Plans

SPLIT-DOLLAR PLANS

Split-dollar Plans are arrangements where premium payments and policy benefits are split between two parties. Businesses implement split-dollar to provide executive benefits, facilitate wealth-transfer goals, and fund the replacement of valuable executives.

  • Loan Regime Split-Dollar
  • Endorsement Split-Dollar
  • Non-Equity Collateral Assignment Plans

DISABILITY INCOME SOLUTIONS

Planning for the unexpected can protect your business—and everyone who depends on it—when sudden challenges arise. Disability insurance can provide funds for buy-outs, executive recruitment, training, temporary staffing costs, and other needs.

  • Buy-Sell Funding
  • Key Person
  • Loan Protection
  • Business Overhead Expense

EXECUTIVE CARVE–OUT LONG-TERM CARE INSURANCE PLANS

Executive Carve-Out Plans are an effective way to create added value for firms to recruit, reward and retain the top talent, while gaining significant tax advantages.

  • Executive Carve-Out Plans
  • Multi-Life Plans

BUSINESS PROTECTION SOLUTIONS

In business, every employee is important – but some employees are critical. Key person insurance helps safeguard a small business if an imperative employee dies or becomes disabled. Moreover, lenders often require life insurance to collateralize loans.