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Of all the things business owners have to plan and deal with, key man insurance is one of the most overlooked and important items. Getting key man insurance will never be a top of mind, urgent issue until, unfortunately, it is too late. That is why it is so critical to take a few minutes and establish a policy for yourself, and other vital employees, to protect the financial well-being of your business.

What is Key Man Insurance?

Key man insurance is life insurance on the owner, founder or other key employee

Can I Still Get Life Insurance

The unprecedented nature of COVID-19 has left many American’s scrambling to determine what exactly they and their loved one’s have for Life Insurance coverage. If you are like most people, you have some idea of your life insurance, who it is with, how much it is worth and what your employer offers, but not a detailed grasp of exact amounts.

As unemployment claims continue to rise and businesses face an uncertain future, jeopardizing life insurance you receive through work, it is logical many adults are looking

The frustration of the year after year double digit premium increases has left many business owners seeing their health insurance renewal as a necessary evil. Fed up with the empty promises of insurance agents, rising costs, diminished benefits, and a lack of options business owners now treat employee benefits like a trip to the dentist.

Once a year you will deal with it, it will be painful, ruin your day and most likely leave you in a horrible mood. How is it you brush 2x a day, floss, use the best mouthwash on

The Rising Health Care Cost Challenge

According to the National Conference of State Legislatures in 2018, the average annual employer-based family coverage premium was $19,616, up 5% from 2017! Premiums have increased over 20% since 2012. Health insurance now consistently ranks as the second largest line item for a business, after payroll.
This rapid increase in cost resulted in less than 30% of businesses with fewer than 50 employees offering health insurance in 2017, according to NFIB. A 22% reduction in companies offering health insurance since 2010. In comparison companies between 50-99

If you offer health insurance to your employees you are aware that it is bought in one – year policy increments. Every year your insurance broker arrives at your office, spreadsheet in hand ready to explain why you received an increase. Insurance carriers do this in order to protect themselves from long-term losses by having the ability to adjust your premium on a yearly basis. Unfortunately, as a business providing health insurance you will almost certainly offer it for more than one year.

As a result, business owners need to start