Most company executives are penalized by the legislative and insurance carrier-sanctioned benefit limitations associated with group retirement, life and disability insurance programs. Our advanced markets team customizes executive packages that satisfy the unique needs of our clients. The plans we design address the individual needs of executives and the overall business strategies of the company. Whether it is a key executive life insurance plan, an executive carve-out disability product, or a buy-sell agreement, our consultants listen to the client’s strategic plan, and customize an executive insurance package that indemnifies the business and uses the economies of scale to qualify the client for group discounts with multiple products.
Glocal only recommends A-rated insurance companies to underwrite and issue our disability, life and long term care policies. To recommend any carrier other than an A-rated insurance company is to compromise the financial integrity of these insurance custom designed products that provide benefits or compensation that our clients are relying on in their time of need. Furthermore, unlike many of our competitors, we do not engage in any exclusive agreements with the insurance marketplace. This philosophy assures each client of an insurance package that is based on integrity and competitive accuracy – not a captive arrangement with a specific vendor.
The following list are just examples of the executive benefits packages that we have designed for clients:
- Supplemental Group Term Life Insurance
- Supplemental Group Universal Life Insurance
- Supplemental Group Disability Insurance
- Term Life Insurance Buy-Sell Agreements
- Business Succession Agreements
- Key Executive Life Insurance
- Key Executive Long-Term Care Insurance
- Nonqualified Retirement Program
- Supplemental Executive Health Plans
Please contact us to discuss potential key executive benefits for your company’s upper management and executive staff.