We help you understand what could disrupt it, what it would actually cost, and what — if anything — to do about it.
Start a ConversationWho runs it, who owns it, and how does it keep operating while that gets sorted out?
Do I end up in business with their spouse or their estate? Is there an agreement, and does it work?
There may be a document. The question is whether it does what everyone believes it does.
An obligation to buy is only as good as the capital behind it. We quantify the obligation first.
Lost revenue, replacement cost, disrupted relationships, lender and customer confidence — the exposure is rarely just a salary.
What would make staying more valuable than leaving, and what does that cost the business?
Family, management, partners or an outside buyer — each path creates a different financial problem.
To the family, the employees, the partners, and the value of the business itself. This is usually the number nobody has run.
Does it actually solve the problem? We evaluate the recommendation on its own terms — the assumptions, the economics, the design and the alternatives.
Some situations need something sophisticated. Some need what's already in place fixed. Some need nothing at all. That's a conclusion, not a starting assumption.
Most planning conversations start with how much insurance someone might need. We'd rather start with what it costs if the risk happens and nothing has been done.
· The financial impact of losing a key employee
· The buyout obligation created by an owner's death
· Business-value disruption during a transition
· An estate-liquidity shortfall
· The cost of an underfunded succession plan
· Capital required to replace lost income
Once the exposure is quantified, the alternatives can be compared against something real.
· Key person risk analysis
· Buy-sell and business continuity analysis
· Business succession analysis
· Life insurance needs analysis
· Executive benefit and retention analysis
· Existing insurance strategy review
The first conversation is to understand the situation and see whether we can help.
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