Latest News | Strategic Benefits Group

2009.08.31 18:28:43

Executive Benefits
consist of Key Man Insurance, Buy-Sell Agreements and Bonus arrangements with Key Employees. The purpose of
these benefits is to protect the business and the owner(s).

style="white-space: pre" class="Apple-tab-span"> Often a business will hire and spend a great deal of
time training a professional to do a certain job. This person becomes a highly valued employee and the
business has spent time and money to get this person to feel and act like part of the
team.

What
if something happens to this employee? Say a car accident of a heart attack. The business will suffer the
loss of this person's economic benefit and therefore the organization may want to insure this person for a
given value.

class="Apple-tab-span"> Buy-Sell Agreements protect the partners in an organization from having to
deal with spouses in the event of an untimely death of the other partner. This assures both partners or
multiple partners that they and their families are protected from the death of the other partner and that the
business is valued accurately.

class="Apple-tab-span"> Executive Bonuses are a great way to add bonus compensation to an employee for
a job well done. There is no specific schedule of payouts and discrimination can be used. A great way to
reward professionals on highly profitable years.

Tags: Tallahassee Insurance | health insurance | Individual health | Disability Insurance

Hits: 106 | Read more...

Scott Fenstermaker

The Need For Individual Health Insurance

2009.08.29 02:05:17

          Many of the healthy people, who choose to be non-covered are the younger single
men. They see no real need to be covered. They are usually single, less than college educated and believe
they will be taken care of at the Hospital.

          Individual health insurance is
very affordable for young men. We are talking about $110/monthly for a high quality low deductible PPO
plan. These young guys would rather have the money from their employer than have them pay for their
health insurance.

          As a nation, we must educate this segment of the uninsured
population, why they are better off with health insurance than not securing a quality plan. Reasons such as
receiving better care, preventive coverage, catastrophic care if needed and protecting their
insurability.

Tags: health insurance | Individual health | Tallahassee Coverage | Dental Plans

Hits: 95 | Read more...

Main Menu

Tag: Individual health