Insurance Solutions for Businesses

Specific Solutions Tailored to Your Business’s Needs

CBIZ Individual Insurance Solutions offers coverage by the best carriers in the industry, which means better options, value, and price for you. Our insurance advisors offer broad experience in tailoring solutions to address the specific needs associated with your business.

  • Buy-Sell Agreement: Ensuring business partners have a strategic, practical approach to safeguarding the company, employees, and stakeholders upon disability or death.
  • Key Person: Protecting a business financially if an essential employee passes away.
  • Succession Planning: Creating a plan to transfer ownership and management of your business in the event of your retirement, disability, or death.
  • Executive Benefits: Placing life insurance policies on key employees with the business owning the policy and paying for all or part of the premium.
  • Executive Bonus Plans: Providing life insurance to key executives using tax deductible dollars.

Consider a scenario where a family business ownergrapples with how to equalize inheritances for his four children when two areactive in the business while two have careers separate from the familybusiness. Three options are discussed in this first in a series of articles onsuccession and exit planning for closely-held businesses and SMEs.
A key person insurance plan covers the life of an employee who is deemed as a valuable asset to the company. 
Here are the top financial challenges that small businesses are grappling with and some tips to cope.
Five key disability protection plans that all business owners should have in their playbook.