Protecting What Matters Insurance Service Solutions
Services Offered by Chandler Insurance
Life Insurance
A financial product that provides a monetary benefit to designated beneficiaries upon the insured person’s death, offering financial security and peace of mind.
Key Person Insurance
Protects against financial losses from the death or incapacity of key employees.
Buy-Sell Agreements
Uses life insurance to fund buyouts in partnerships after a partner’s death.
Disability Insurance
Provides income to individuals unable to work due to a disability, mitigating the financial impact of lost earning capacity.
Overhead Expense Insurance
Covers business expenses during the owner’s disability.
Buyout Insurance
Funds the buyout of a disabled partner’s share.
Critical Illness Insurance
Offers a lump sum payment if the policyholder is diagnosed with a covered illness or health condition.
Split Dollar CI
A shared cost and benefit strategy, often used in executive compensation packages.
Health and Dental Insurance
Employee Benefits: Enhances employee retention and recruitment.
Tax-Efficient Compensation: An alternative to salary for compensating owners and employees.
Corporate Owned Life Insurance (COLI)
A life insurance policy owned by a corporation, with the corporation as the beneficiary.
Insured Retirement Plan (IRP)
Utilizes COLI for building a tax-advantaged retirement fund.
Immediate Financing Arrangements (IFAs)
Allows businesses to access funds while maintaining life insurance policies.
Infinite Banking
Employs whole life insurance policies for personal or corporate banking systems, enabling borrowing against the cash value of policies.
Succession Planning
Ensures smooth transition and financial stability for heirs or succeeding management.
Estate Planning
Facilitates efficient wealth transfer and covers estate taxes.
Investment and Retirement Planning
Uses life insurance policies with cash value for tax-deferred growth and retirement planning.
Shareholder Protection
Provides liquidity for remaining shareholders to purchase shares of a deceased shareholder.
Segregated Funds
Investment funds held by life insurance companies that combine the growth potential of investment funds with insurance protection. Often used in financial planning for their potential creditor protection and estate planning advantages.