
Our agency is fully automated and a leader in the use of technology as a means of better servicing our clients.
The fundamental purpose of
"Business Related" Life Insurance is to attract, retain, motivate and
reward employees. In addition, Business Life Insurance can help promote
good financial management and guarantee business succession. Although
the types of Business Life Insurance are varied, they can be broadly
categorized as:
Deferred Compensation - Used to provide a future source of income for select employees and has significant tax advantages.
Executive Bonus - Used to provide or supplement retirement benefits for select employees. Premium deposits are deductible to the corporation.
Buy/Sell or Key Person - Used to guarantee business continuation in the event of the death of business principal(s).
Group Term - Used to provide very inexpensive life insurance for all employees
Annuities - Used to provide retirement benefits for all employees and to encourage a "savings mentality" with employee participation.
Disability Income - Used to replace a portion of an employee's earnings in the event of a disability.
Life Insurance is an important form of "Risk Management" often
overlooked by businesses. Our agents are experienced and educated in
the Life Insurance options available for businesses. We'll review Life
Insurance as a part of our overall responsibility to you.To discuss Business Life insurance in more detail please contact us.