Business and Personal Life Insurance
At Braman Insurance Services, we can help you take a look at the big picture when planning for the future of your business. We can also help you plan for your family's future with personal life insurance programs designed to fit your needs and lifestyle.
Business Life Insurance
When it comes to insuring your business, there are many factors to consider. Our team will walk you through the process, asking key questions that will help map out the best path that will meet the needs of your company.
Buy/Sell Agreement Funding
We can develop programs to assure the orderly transfer of corporate or partnership interest upon the death, disability, or retirement of a partner. Our experts can also review any existing funding arrangements or agreements to determine if they are up to date and still meeting your objectives.
Deferred Compensation
Perhaps you have made the maximum contributions allowed by law to your profit sharing, 401k, or other qualified plans and want to defer additional income in order to reduce your current taxable income. Even if you do not have a qualified plan in place, a deferred compensation plan may be established for you exclusively or may include any one or more of your employees and not be considered discriminatory.
Key Person Insurance
While furniture and fixtures are shown on the balance sheet, often the value of your key man or woman whose talents and expertise are largely responsible for the profits of a company are often overlooked.
Company-owned life insurance on those individuals can serve to reimburse the company for the lost profits in the event of premature death, continue an income to the surviving spouse for a period of time, or could be used to supplement any other program in place at the insured's retirement. It is also an incentive to help “lock-in” that valuable employee. This is also a perk for company owners.
Qualified Plans
We offer an array of products and funding arrangements for contributory as well as non-contributory plans such as:
401K
403b
Profit-Sharing
Pensions
RA's: simple, Roth, and Traditional
529 College Savings Plans
Personal Life Insurance
We represent many of the nation's highest rated companies and our specialists can provide the appropriate plan to meet your individual objectives.
Permanent
• Universal
• Variable
Term
Retirement and Savings
