Business Insurance
Corporate Owned Life & Health Insurance
Life and health insurance provides essential coverage that helps safeguard your company against the unexpected, offering financial security for key individuals, continuity for your operations, and long-term strategies for growth and succession.
+ 25 more
We’re Partnered with the best coverage
What's offered under Corporate Owned Life and Heath?
Key Person Insurance
Protects your business financially if a key employee, owner, or executive passes away or becomes disabled. The company owns the policy, pays the premiums, and receives the benefit to help cover loss of revenue or costs of replacing the person.
Buy/Sell Agreements
Life or disability insurance is used to fund a shareholder or partner buyout in the event of death or disability, ensuring business continuity and fair market payout.
Term Life
Provides temporary, affordable coverage for key employees or business owners. Often used for buy-sell agreements or business loan protection, with the company as both the owner and beneficiary of the policy.
Critical Illness
Pays a lump sum to the corporation if a covered individual (owner or key employee) is diagnosed with a serious illness. This benefit can help offset lost productivity or cover interim business expenses during recovery.
Permanent Life
Offers lifelong coverage and builds tax-deferred cash value that the business can access. Useful for long-term planning, succession funding, or as a tax-efficient corporate investment strategy.
Disability
Replaces income or supports the business if a key person becomes disabled. Benefits can help cover operations, hire replacements, or support a buyout depending on the policy structure.
Frequently Asked Questions
Some common
questions...
