Individual Plans, coverage can include but not limited to; disability, life, health, indemnity plans, retirement and much more. It is insurance that is purchased by the individual typically or a second person with insurable interest almost never through work. These plans arecustomized to the needs of the individual or family instead of a group of people. The individual has control of the policy and the level of coverage acquired.

Also known as group plans, can many times be setup where the contributions can be made pre-tax, which lowers your taxable income. Many times they’re more affordable due to the group rate discount. Many times Insurance carriers underwriting is more lenient and can extend guaranteed issue plans where is not common with individual plans. Insurance premiums can be conveniently drafted directly from employee’s paycheck.

Is a way for business owners or companies to provide additional protection, benefits and compensation to its key employees or executives of their choice.   An executive benefit plan, used effectively, can be a valuable tool to attract and retain key executives.