Business Loan Protection: Pays off any outstanding Business Loans should a Business Owner become Disabled, so the Business Owner doesn't need to worry about that obligation.
Key-Person Coverage: Helps Business Owners Protect their most valuable Assets... their "Key" Employees.
Disability Income Retirement Security (DIRS) Insurance: Benefits are paid to an Irrevocable Trust, upon a Disability. At the end of the Benefit Period the Trust Assets are distributed to the Individual.
Many People realize the need to Insure Personal Belongings like Cars and Homes, but often they neglect to insure what provides their Lifestyle and Financial well-being... their Income!
The risk of Disability is great and the financial impact of a Long-Term Disability (90 days or more) can have a devastating impact on Individuals, Families and Businesses.
Disability Buy-Out (DBO) Insurance: Provides funds needed to transfer Business interest from a Disabled Owner to the remaining active Owners - up to $2 Million Benefit. (DBO requires two or more owners)
Overhead Expense (OE) Insurance: Reimburses Business Owners for Business Expenses incurred during a Disability, allowing them to keep their Business open until they recover and return to work.
Disability Income (DI) Insurance: Replaces a portion of after-tax Earned Income to help pay for personal living expenses during a Disability