Risk Protection Plans

Filling the gap not only pertains to executive retention, but also to the protection of the business interests. We work with clients to create and place funding solutions for Buy-Sell Agreements and Key Person Life Insurance protection. This not only protects your organization, but it also creates a plan which will keep your business successful for years to come.

Key Person Life and Disability Insurance
The loss of a key employee can affect a company’s sales goals, revenue and future business planning. Key Person Life Insurance and Disability Income Insurance provides a company with the funds necessary to continue planned business strategies and objectives during the process of filling the key position.

Buy-Sell Insurance
A current contract between business partners outlining the agreement for redeeming shares in the event of an untimely death or disability is a critical component of business planning. Funding the Buy-Sell Agreement with Life and/or Disability Income Insurance provides the funds necessary for the company or the surviving partners to acquire the shares from the deceased partner’s beneficiaries and estate, thereby ensuring minimal interruption and the continuity of the business strategy and vision.

#MarshMMA

https://qoo.ly/34zjtd


Risk Protection Plans | Offerings | MMA
MMA provides consulting and coverages regarding Executive Retention, Key Person Life Insurance, Risk Protection Services, and more.

Comments

Post a Comment

Popular posts from this blog

Workers' Compensation

Image
Workers' Compensation Solutions Nearly every state requires businesses to provide some type of workers’ compensation coverage to cover medical costs and lost wages for their employees. Businesses that do not carry workers compensation insurance, can be liable for these types of costs, and subject to fines and penalties. Though there are no federal regulations for workers compensation, state governments determine coverage requirements which can vary dramatically from state to state. When it comes to workers’ compensation programs, MMA develops a solution that compliments your business model and is tailored to your specific needs. We will work with you to understand your unique challenges, deliver value to your organization, and exceed your expectations. MMA has extensive experience with all types of workers’ compensation and the regulation nuances for every state. Give us an opportunity to learn what’s important to your business, and you’ll soon discover, together, our knowledge and
Read more

Employee Population Health Management

Image
Employee Population Health Management Improves Efficiency, Retention, and the Bottom Line At Marsh & McLennan Agency our employee population health management encompasses comprehensive programs for a wide variety of employers. We leverage a multifaceted approach with both short-term and long-term goals, each year progressing in the breadth and scope of the program to differentiate the needs of employee groups within your organization. Employers should implement customized benefits and wellness programs to strategically impact health care costs and improve employee morale, recruitment, and attendance. Our extensive data analysis is critical to identifying focal points for our clients, and our customized employee communications result in employee wellness programs done "with employees" instead of "to employees." Both employers and employees are frustrated by the continual and rapid increase in medical costs. So much cost shifting has occurred that the fundamental
Read more

Benefits Administration and Communication

Image
Effective Benefits Administration and Communication Protects Both Organizations and Their Employees MMA can help your organization improve benefits administration and communication to meet your changing needs for wellness, recruitment, retention, cost, and more. As an employer, you spend a great deal of money on your employee benefit programs, so it is important to have a strong communication strategy to thoroughly educate your employees on your offerings. Marsh & McLennan Agency’s benefits team is passionate about helping you develop a strategic communications plan that leverages multiple forms of media and targeted content to capture attention and drive engagement for even the most diverse workforce. Year-Round Communications During open enrollment, we will manage the enrollment process with the selected vendors to ensure a seamless and efficient process for your employees. As needed, we will actively manage employee enrollment meetings to present the benefit offerings and answer
Read more