Life Insurance (LI) Defined – a policy providing for payment of a sum of money to a named beneficiary upon the death of the policyholder or to the policyholder if still living after reaching a specified age. The policy may supplement retirement or provide other living benefits due critical, chronic, or terminal illness.
Fowler Financial provides Life Insurance & Life Insurance Quotes to businesses & individuals in Venice, Osprey, Englewood, Nokomis, Sarasota, North Port, Charlotte County, DeSoto County and surrounding areas.
Fowler Financial is known, not only for offering excellent policyholder value, but also for its wide variety of life insurance products. With such a large portfolio of products & companies, you’re sure to find one that meets your needs. We take pride in providing coverage for those in poor health or were previously denied due to health issues.
Life Products – Personal, Business, Loan Indemnification, Guaranteed Issue, Key-man, Pension Completion – No Limit Roth, Buy-Sell, Multi-Life, High Limit, Return of Premium, Graded Benefit, Loss of Future Earnings, Contract Guarantee, Supplemental Executive Retirement Plan, Executive Bonus (IRS 162), High Limit Accident, International Term, Failure to Survive(Business Loan, Buy-Sell, & Key Person), Poor Health (Unable to Qualify for Coverage), & Coverage for all Professions.
To attract and keep innovative, quality people, you need to offer quality fringe benefits. Fringe benefits don’t have to be difficult or complicated to offer value to your executives. In fact, a simple plan is often the best plan.
In today’s competitive business environment, the more incentive-based benefits you can provide, the more successful you’ll be at recruiting and keeping your key executives.
Supplemental Executive Retirement Plan (SERP): Provides tailored retirement benefits for highly compensated individuals. A SERP enables you to place “golden handcuffs” on your most valuable employees by offering them an incentive that is too good from which to walk away.
Executive Bonus (162): A simple, yet powerful, fringe benefit that lets you, the employer, purchase life insurance on yourself and selected key executives. Executive bonus plans also provide your business with a current income tax deduction.
Split-Dollar Insurance: Brings together the life insurance needs of one person with the premium-paying ability of another. Split-dollar life insurance plans are flexible and can be tailored to meet a variety of tax and business planning needs. For instance, you can structure split-dollar life insurance in such a way that your business owns the insurance policy and all of the cash values within it while your employee shares in a portion of the death benefit.
Buy-Sell Planning: Life insurance and disability income insurance policies providing for the sale of a business when a specified event happens.
Family Business Planning: Uses life insurance as an excellent way to equalize the amount of assets distributed to your children.
Key Person Insurance: Allows you to use life insurance proceeds to cover many business expenses that arise upon the death of a key person.
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Micah 6:8 He hath shewed thee, O man, what is good; and what doth the Lord require of thee, but to do justly, and to love mercy, and to walk humbly with thy God?
2 Chronicles 7:14 If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.