LIFE INSURANCE

The Power of Life Insurance:

Life can bring the unexpected at any given time.

Is your personal wealth/business at risk? Should you die unexpectedly, is the coverage you have enough? If the truth be told, are you really protecting those you love the most?

Being well prepared to face the uncertainty of your tomorrows is simple and easy to achieve. We have the know-how to make it happen. Protecting your Family, Business and Personal Wealth is what we do. It's in our DNA... it is our mission and passion.

We can protect you, your family and your business today.

Term Insurance:

It is low in cost. Term Insurance covers you for a specific time period. Term policies cover your life for 10, 20 or 30 years. It can play a key part in your overall plan of preserving and protecting your wealth. However, in-order to collect one has to die. You can out live this type of coverage. Making the right choice for the coverage you need is crucial.

Permanent Life Insurance:

Having this coverage in place can cover your entire life span. Some policies cover you up to age 100, while others can go beyond this milestone. When structured properly, it can also provide an income stream for life. The payout stream can be tax free if certain conditions are met. Should you pass away prematurely, both the cash value and face value of the contract can be paid out to your beneficiaries on a tax free bases-

Buy — Sell — Agreements:

It is a legally binding agreement between co-owners of a business. You can think of it as a sort of premarital agreement between business partners. An insured buy—sell agreement is funded by a life insurance policy. This protects the surviving owners from gaining an undesirable co-owner.

Split Dollar Plans:

Most split dollar plans are used within a business setting. This coverage is an agreement between an employer/employee. They share in the cost and benefits of the policy. This type of plan is used to maintain "key employees". It promotes trust, loyalty, and a pathway for staying with the company long-term. It can also provide cash to the business should the employee suddenly pass away.

Permanent Life Insurance is the right choice to make this work for you.

Section 162 Executive Bonus Plan:

This type of plan allows companies/business owners to provide additional benefits to key employees or executives of their choice. The benefits generally include life insurance with set death benefits, with cash accumulation over time. The cash value can be used to supplement retirement income in the long run.

Your business can use tax deductible funds to provide and retain key executives. This plan provides long term security for your company without providing business ownership.