Services for Business Owners
Group Life, Health, Dental, Disability and Long Term Care Insurance
Providing high quality insurance coverage is a great way to attract, retain and reward high quality employees. Our experienced and knowledgeable insurance specialists can help you obtain the best, most cost-effective insurance plans and policies for your needs and budget. Contact us today at (818) 673-1695 for quotes and information.
No-Cost Voluntary Supplemental Insurance Plans
Another great way to attract and retain high quality employees is to offer Voluntary Supplemental Insurance. These plans provide your employees valuable pre-tax benefits at no cost to your company, and may also reduce payroll taxes and workers' compensation claims. Voluntary plans include life, short-term disability, hospital confinement indemnity, hospital sickness indemnity, dental, vision, hospital intensive care, accident, cancer, critical illness and critical care and recovery insurance. A recent study determined that forty percent of all companies providing voluntary accident insurance and voluntary disability insurance experienced declines in their workers' compensation claims. Contact us today for quotes and information.
Providing a Qualified Retirement Plan is also a great way to attract, retain and reward high quality employees. For many small business, a well-designed and managed employee sponsored retirement plan with a high rate of participation by employees can enable the owners to contribute the maximum annual amount toward their own retirement, far more than they could contribute to an IRA. Learn more.
The creation of the Simplified Employee Pension (SEP) and the Savings Incentive Match Plan for Employees (SIMPLE) affords smaller businesses with a way to offer their employees a retirement plan. The SEP and SIMPLE were designed for businesses with less than 100 employees and y are less costly to administer than a 401(k). For the employees, they are both easy to understand and provide a convenient way to save for retirement. Learn more.
Nonqualified deferred compensation plans are used by businesses to supplement existing qualified plans and provide additional benefits to key personnel and highly compensated employees. When key executives are presented with a strong monetary incentive package, they are more likely to stay and utilize their talents where they feel appreciated and appropriately rewarded. Well structured incentive plans can help keep key executives in place and motivate them to higher levels of performance. Learn more.
Recent surveys show that a lack of continuation and succession planning is the biggest threat facing small businesses. It is also alarming to learn that family-owned businesses often don’t consider succession planning until the owner has already reached age 65. If you want your business to thrive into the future, you have to proactively focus on leadership continuity. Business Continuation and Succession Planning can help you protect your business against the loss of an owner, business partner or key employee. Learn more.
Contact us today at (818) 835-8755 for quotes and information.