The products recommended for an Executive Benefit or Supplemental Carve-Out program are dependent upon the client – employer or employee – and their desired outcome. The individuals to be insured, the type of organization, the goals of the program, the funding parameters, and risk tolerance all impact the appropriate selection of plans and products. Below are the most common plan types used by our clients. They can be used on their own or in combination with other plans. It is essential that you work with an advisor who understands the extraordinary regulatory requirements and vast complexities associated with these programs and their funding mechanisms.  

Executive Benefits

  • Deferred Compensation Plans
  • Supplemental Employee Retirement Plans
  • Key Person Life and Disability Coverage
  • Executive Carve-Out Long Term Care Insurance
  • Life Insurance (Whole, Variable, Universal or Term)
  • Endorsement Split Dollar Arrangements
  • Section 162 Bonus Plans
  • Restricted Executive Bonus Arrangements 

Business Continuity / Succession Planning

  • Buy-Sell Funding Mechanisms (Entity or Cross Purchase)
  • Buy-Sell Disability Insurance
  • Disability Overhead Expense Coverage 

Supplemental Employee Benefits

  • Supplemental Life Insurance
  • Supplemental Disability Insurance
  • Individual Long Term Care Insurance 

Personal Estate Planning

  • Personal Insurance Planning
  • Survivorship Insurance Planning