The death of an owner could mean the death of a business. A Buy-Sell Agreement funded with life insurance may help the business avoid these potential problems by helping assure cash is available to buy out a deceased owner's heirs.
Executive Bonus Plan
An Executive Bonus Plan is an excellent way for a business to reward an emplloyee on a non-qualified basis.
Key Employee Insurance
Every business has key employees who are essential to its overall success. Key Employee Insurance is designed to protect a business from financial loss at the death of a key employee. This employee could be the owner of the business or an employee whose services or knowledge are crucial to the business and costly to replace.
Supplemental Executive Retirement Plan
A Supplemental Executive Retirement Plan (SERP) is an incentive program designed to provide monetary benefits to the employee upon retirement, or to their survivors upon the employee's death. The employer puts money aside to fund its obligation, and usually purchases life insurance on the employee to help meet its responsibilities. Unlike other benefits, a SERP does not have to be offered to all employees, which may increase the value for the selected individuals.
Elevate Insurance currently has offices in Las Vegas, Nevada and Idaho Falls, Idaho. We proudly serve all of Nevada and Idaho focusing in the cities of Henderson, Las Vegas, and North Las Vegas, Nevada; and in Ammon, Blackfoot, Idaho Falls, Meridian and Rigby, Idaho.