Business Owners

When a business partner dies unexpectedly, the remaining partners are often faced with difficult decisions. If you and your partners have a buy-sell agreement, you may need to consider purchasing the deceased partner’s share of the business from his or her heirs. In the event of an unexpected loss, would your business have funds available to keep your business going?

Gleaner Life Value Term provides cost-effective coverage for multiple business partners. The loss of a partner can be difficult, but Value Term provides security for buy-sell agreements, giving you and your business partners the confidence that funds will be available should the need arise. Value Term eliminates excess expenses, providing maximum coverage at minimum cost.

Partners are not the only people integral to your company’s success. You may also have talented individuals on your team in whom you’ve invested. If they were to pass unexpectedly, would you struggle to keep business moving forward without them? Do you have a succession plan to deal with the unexpected loss of a key employee?

Whole life insurance provides permanent coverage for employees. In addition, whole life insurance also builds cash value. Gleaner’s Blueprint Whole Life provides you with peace of mind knowing that your key employees have permanent life insurance coverage.

A balanced retirement plan features both variable and fixed assets. While your employees’ 401(k)s may provide both variable assets (like stocks) and fixed assets, only fixed annuities can provide both the guarantee of a minimum interest rate and a permanent stream of retirement income.

Fixed annuities provide a guaranteed minimum interest rate. If you offer your employees a 401(k) retirement account, Gleaner’s Foundation 9 annuity can provide the fixed portion of your employees’ retirement. Even more, annuities provide guaranteed income for life. That means that if your employees choose the income for life option when they annuitize, they will continue to receive retirement income even if they have exhausted the funds from their annuity.