Broker Check

Business Owners & Employers

Protect and Grow Your Business

Planning is one of the most important parts of running a business. Whether you’re a large multinational corporation or a small business, we have the knowledge and resources to help keep your company on track.

Business Insurance at a Glance

Business insurance is the term used in the insurance industry to describe the use of life insurance and disability income insurance for certain financial needs of businesses and business owners. Business insurance can help to address the needs of a business owner using insurance products:

  • Economic loss to the business when a key employee dies
  • Disposition of a business owner’s interest upon death or other separation from the business
  • Attraction and retention of valuable employees and
  • Rewarding faithful employees

Do You Have the Right Insurance for Your Business?

The purpose of having a business insurance and risk management program in place is to provide sufficient protection for your business in the event of a loss.

The cost of implementing a loss prevention program may, at first, seem like an unnecessary expense. However, an appropriate program can help alleviate the damaging effects of loss. It may also help save on associated costs and keep insurance premiums low. Maintaining documentary evidence prior to a loss is important to sustain claimed values if your business should suffer a loss.

When determining the best coverage for your business, consider the following questions: What are your potential losses? What effect could those losses have on your business? How can you reduce your risk exposure? What is the optimal combination of risk management, business insurance, and self-insurance for you and your business?

Items We Address

  • Business Continuation Concepts
  • Employer-owned life insurance
  • Key employee life insurance
  • Group term life insurance
  • Business valuation
  • Executive bonus arrangements
  • Shifting future business growth
  • Split-dollar life insurance
  • Nonqualified deferred compensation