Help Protect businesses with the right business solutions
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
- 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
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 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.