What We Do
Customized Group Programs
If you have two or more people in your company (owners, partners, employees), you are eligible for group insurance plans. Depending on the number of employees in your company and the size of your plan, you may also be eligible for assistance with enrollment meetings, employee education and guidance, 1095 filing, benefit compliance, consolidated billing, and access to a benefits attorney.
Group Program Options
Executive Benefits Programs
Executive benefits enable you to selectively reward key employees and executives of your business. These benefits help you to attract the key executives who will contribute to your company’s growth and profitability. A well-designed executive benefits program provides incentives that help retain your key employees and executives for the longest possible time.
We design, implement and administer executive benefit plans that supplement restrictive qualified retirement and group insurance plans. We offer executive group term carve out plans, and executive disability income and long term care plans.
Individual Life Insurance
We offer a variety of individual life insurance plans. Life insurance is used in many personal, business and charitable contexts.
For business purposes, we have several offwerings available including: key employee, business continuation, succession planning, and debt protection. Depending on the nature of your business, we can help guide you in selecting the coverage that best suits your needs.
For personal needs, life insurance plans are often used for family protection, college funding, debt protection, wealth creation, and estate planning.
For more information on life insurance options, see our FAQ section below.
Here To Help
Frequently Asked Questions
Life insurance is used in many personal, business and charitable contexts. Some of the most common uses of life insurance are:
- Key Employee: provide funds to aid in the search for a replacement in the event of death of a key employee.
- Executive Recruitment and Retention: used to provide a variety of non-qualified benefit programs to help attract and retain key employees.
- Business Continuation: provide funds to aid in the continuation of business in the event of death of a key revenue generator.
- Succession Planning: provides liquidity to purchase the ownership interest of a deceased owner.
- Debt Protection: creates a pool of money that can be used to pay off lines of credit.
Long term care is usually defined as care required for someone needing assistance with his or her usual activities of daily living (ADLs). ADLs are commonly defined as eating, dressing, bathing, toileting, maintaining continence, and transferring from bed to chair. When an individual needs physical assistance or verbal reminders to perform any of those ADLs, they are generally classified as receiving long term care, whether they need the assistance occasionally or full-time.
The financial implications of a chronic disease or other debilitating condition that requires long term care are great. Along with health care costs in general, these costs are expected to triple over the next two decades.
For a couple turning 65 today, there is a 70% chance that one or both of them will need long term institutional care. Even if people plan carefully, they will still face the risk of losing control of their lives and their finances when they become elderly and unable to live independently.