Protect Your Business

As a business owner, you know being prepared for anything is part of who you are. If one thing is certain today, it's that you can't be certain about what will happen tomorrow. You can, however, be certain that you've taken action to help protect yourself and your business from the unexpected.

Think about what would happen to your business if you, your business partner, or a key employee were to unexpectedly die or become too sick or injured to work. There's no doubt that this would have a tremendous impact on your business and its continued success. But there's good news: this is something you can plan for.

Having the foresight to protect your business against the loss of an owner or an essential employee—perhaps the company's most valuable asset—can mean the difference between business as usual or closing up shop. Just as you would insure your business property, you should also consider insuring the people who have the biggest impact on your company's success. We can help with business planning strategies that are designed to protect your business from the unexpected and help ensure the business you've worked so hard to build withstands the test of time.

Consider a few of the following options to help protect your business:

Disability Income Insurance
Most likely, your company has already taken the appropriate steps to protect the business in the event of the death of an owner or partner. But have you protected the business in the event of a more common scenario - an owner's or partner's long-term disability?

Life Insurance
Learn how life insurance can help you protect your business from the unexpected death of a key employee.

Long Term Care Insurance
Having long term care insurance is part of smart business planning and can help protect your business and family if a long term care need should arise.

In today's highly competitive marketplace, it's becoming increasingly difficult for business owners to attract and retain top talent. Salary is no longer the sole compensation driver. Employees are also looking at an employer's overall benefits package and its potential to help address their real concerns of financially protecting their families in addition to adequately planning for retirement.

You probably already have a standard benefits package in place, one that includes medical and dental coverage, disability income insurance, and a retirement plan. However, your competitors more than likely offer a similar benefits package. These days, employees are looking for benefit plans above and beyond the standard packages that most employers already offer. These benefits often provide the primary incentive for key employees to join and remain loyal to your company.

Designing an attractive employee benefits package may seem expensive, but the tax considerations¹ can help offset the overall cost, and its impact on current and prospective employees could be rewarding. Through our network of Financial professionals, we can help you provide an attractive employee benefits package for the employees that are most valuable to the success of your company.

Consider a few of the following options for your employee benefits program.

Annuities

Establishing individual retirement arrangements funded by annuities is easy for a small business. Offering this type of benefit may help you retain and motivate your company's employees.

Disability Income Insurance

Provide employees with income protection that supplements your company’s group long term disability plan in the event of a disability.

Executive Benefit Programs

We offer solutions that are designed to assist in recruiting and retaining executives.

Executive Group Life Insurance

Gain a competitive edge by providing valuable life insurance benefits to your executives and senior professionals.

Long Term Care Insurance

Help retain your employees and enhance your company’s benefits while taking advantage of possible tax savings.

Retirement Plans

Offering your employees, a retirement plan is a way to help them save for the future and is a great incentive as part of an employee benefits package.

¹ The information provided is not written or intended as tax or legal advice and may not be relied on for purposes of avoiding any Federal tax penalties. We are not authorized to give tax or legal advice. Individuals are encouraged to seek advice from their own tax or legal counsel.