There are a number of ways we can provide assistance to your business and your employees. We offer both individual and group life and disability insurance. You may be surprised how affordable it can be. Here’s a tip. Most companies offer group disability as an employer paid option. Now you have a situation where the employee is receiving 60% of income and paying taxes. It may be better to set up the plan as employee paid and bonus the premium. Now the benefit is tax free. Also be aware that higher paid employees may be penalized by limitations in the policy or how they are compensated. They may need an individual policy to supplement their group coverage to get their entire income covered.
Other areas we work in that may benefit your company are:
Buy Sell Planning
Assistance with sale of your company or your share in the event of a death or disability
Key Person Insurance
Insuring the value of an employee
Executive Bonus
Providing a bonus to select employees
Supplemental Executive Retirement Plan
Providing additional retirement income to an employee or employees that you can carve out
These are all designed to add stability and security to your company. Let us know if we can provide additional information.