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Many business owners rely on their company to provide family income, personal financial security and a legacy for the next generation.
Business planning
considers the events that could jeopardize the viability of the business and offers strategies to protect against these eventualities. Such risks include death, dis


hared ownership works when two or more parties agree to share a single asset. This way, each party pays only for the benefits they want.
Shared ownership using critical illness insurance allows a business to protect itself against financial hardship should a key employee be diagnosed with and survive a covered critical illness.
The strategy also provides the employee with an opportunity to participate in the benefits of a critical illness insurance policy.

Attracting and retaining key employees in a competitive marketplace is an important strategic issue for many businesses. Providing innovative employee benefit packages and deferred compensation plans is one of the ways to reward and retain these key individuals.
Executive Benefit Planning is the process of uncovering these needs, and developing effective solutions

Corporations, key employees and families can benefit from sharing ownership of a life policy. In return for sharing the ownership, each party to the agreement pays only for the benefits of interest to them.

Take care of your eyes and save money on eyeglasses, contact lenses, and other vision-related expenses with our vision insurance plans.

Business succession planning is a comprehensive process designed to assist the business owner in planning for the eventual transition out of business management and the transfer of business ownership upon retirement.
Business succession addresses all eventualities, including the possibility of death or disability of an owner.
Who to consider
Provide your employees with comprehensive health insurance coverage through our group health insurance plans. Choose from a variety of options and save money on your healthcare costs.
Typical Scenario
Age 40+ in a business scenario
Age 18+ in a family scenario
Interested in increasing personal retirement savings on a tax-deferred basis
Wants additional life insurance to protect the business against the loss of a key person
Family scenario: Child or grandchild needs additional life insurance while parent or grandparent is interested in helping them build up their savings for the future
Meet Owner. This person owns Product Co, a manufacturing corporation that owes much of its success to the efforts of general manager, As a key person in the company, The GM (age 45) has established relationships with clients, suppliers and the bank. He is largely responsible for the company’s rapid growth. If Product Co were to lose the GM the company could suffer lost revenue plus the costs associated with finding a replacement and getting back on track.
After speaking with his advisors, the Owner realizes that the loss of the GM’s expertise could mean a loss of about $500,000 due to:
If the business can’t absorb these expenses, its value could be seriously reduced and its very existence may be threatened. The business needs a financial strategy to protect against these risks.
Key person protection uses life and critical illness insurance policies to help you protect your business from the costs that result from death or critical illness of a key person.
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