Business Owner

Running a successful business means preparing for the unexpected. Business insurance helps protect your company from financial disruption caused by death, disability, or loss of a key individual. Whether your goal is to ensure continuity, retain leadership talent, or safeguard daily operations, these policies provide the structure and stability to keep your business on course.

With the right planning and protection in place, your company can continue to thrive, even through transition or uncertainty. Partnering with an experienced advisor helps you design coverage that aligns with your organization’s goals, ownership structure, and long-term growth strategy.

Strategic Protection for Business Stability

Key Person Insurance:  Key person insurance protects a business if a crucial owner or employee dies or becomes disabled. The policy supplies cash to replace lost profits, cover debts, reassure investors and lenders, fund recruitment and training, support buy-sell obligations, and stabilize operations during a difficult transition successfully.

Buy Sell Insurance:  Buy-sell insurance funds the purchase of an exiting owner’s shares when death or disability occurs. The policy delivers tax-efficient liquidity, prevents disputes, stabilizes cash flow, protects valuations, reassures lenders, and ensures continuity by executing the buy-sell agreement promptly, keeping ownership within trusted partners or successors.

Business Overhead Insurance:  Business overhead expense insurance reimburses fixed operating costs if the owner becomes disabled. It covers rent, utilities, payroll, taxes, and loan payments, keeping doors open and clients served. This protection preserves credit, buys time to recover or transition, and prevents savings from subsidizing business obligations.

Executive Bonus Insurance:  Executive bonus life insurance lets a company pay premiums on a policy owned by a key employee under a Section 162 plan. The business deducts the bonus; the employee gains portable, cash-value protection. It attracts, retains, and rewards talent while enabling vesting and golden-handcuff strategies.

Non-Qualified Deferred Compensation Insurance: Non-qualified deferred compensation insurance informally funds promises to pay executives later, outside qualified plan limits. Policies accumulate cash value to match future payouts, hedge longevity and risk, and secure retention. Businesses gain flexibility, selective participation, vesting, and golden handcuffs while smoothing expenses and protecting liquidity.

Secure Your Business Legacy

The strength of your business lies not only in its operations but also in its ability to withstand change. Business insurance transforms uncertainty into continuity—protecting employees, owners, and the future you’ve built.

Connect with a knowledgeable advisor to explore tailored protection for your organization and ensure your business legacy endures.