If you are interested in obtaining a detailed review of your firm s exposures, costs and solutions, please contact us . When businesses are organized, the lawyers usually include a plan for the company to survive the death of one or more principals. We often find that although the formal plan exists, it is unfunded. Life insurance is an inexpensive way to assure that the money for a business buy-out will be there when it is most needed. Furthermore, because it is bought and paid for during the principals active earning years, there is less strain in continuing the business, because the surviving partners do not pay out the deceased s family from the ongoing operations of the business.
Most businesses provide their employees with health insurance coverage.
Owens Group has access to all of the leading national health insurers. We also can provide Dental Insurance either within the major medical plan or on a stand-alone basis. The best plans offer coverage to age 65 or in some cases for life. In our opinion, all businesses should provide this important coverage to their employees either as a fringe benefit or as a sponsored payroll deduction plan. The purpose of the coverage is to provide financial protection for most risks of physical loss to the business or its property.