As a business owner, the growth and survival of your business is paramount. You, and other key people, are vital to the success and operation of your business. You recognize the importance of risk mitigation. Yet, when life takes an unexpected turn, such as an unexpected death, critical illness, or disability, you need to have the right business preservation tools in place. The question is – do you?

RLS Insurance Solutions takes the time to understand your specific needs. With a team of insurance industry experts and a wide array of specialized insurance products, RLS tailors a unique solution for you and your company, to help you achieve and protect your financial goals.

 

Business Succession Planning:

You have put an incredible amount of time, effort and resources to build your business. You think about retirement; or at least would like to slow down. Do you have a succession plan for your business? Will the business be sold? Will a family member, or other shareholders take over the business? These are just some of the questions to consider. Proper planning will help ensure a smooth transition and the survival of you business into the future.

 

Key Person Protection:

What would be the financial impact on your business should you, or another key person within your business, die unexpectedly, become disabled, or suffer a critical illness? These situations are often overlooked and the financial impact to a business can be detrimental to its survival. It is important to have a plan in place to protect your company from the financial impact of losing you, or another Key Person, due to an unexpected death, disability, or critical illness.

 

Funding the Buy-Sell Agreement:

Corporations that have more than one shareholder commonly have a buy-sell agreement in place to provide direction for the transfer of shares in the unfortunate event that a shareholder were to die prematurely, become disabled, or suffer a critical illness. Buy-sell agreements are most commonly funded with insurance because it is the most cost effective way to provide liquidity for shares of a corporation.

 

Corporate Insurance & Risk Management Solutions:

• Executive Life Insurance Planning
• Executive Critical Illness Insurance Planning
• Disability Insurance
• Estate Planning
• Business Overhead Expense Protection
• Leveraged Corporate Insured Annuities
• Group Benefit Plans