A good idea or disruptive product may get a company started, but it takes passionate, loyal, and driven people to keep a company in business. Every day, your key people show up to work to help the company innovate, get to market, compete, grow, and evolve. There are many ways to reward these executives for their performance – including, but not limited to, salary, bonuses, perks, accolades, and exclusive executive benefits. Jesse Consulting can help you create the optimum suite of executive benefits to help you recruit and retain the top talent in your industry. 

Executive benefits are an excellent investment in your executives’ daily lives, retirement security, and the long-term success of your company. Best of all, these perks don’t need to break the bank. 

Executive Benefits for Your Key Players 

• Life Insurance 

• Disability Insurance 

• Long Term Care 

• Retirement 

Products To Protect Your Company 

Key Person Coverage 

Life insurance on essential, irreplaceable players in a company to prevent loss of intellectual property, and/or bankruptcy in the case of their premature death or disability. The loss of an owner, partner, and highly skilled employee can affect marketing contacts, relationships with customers and internal business operations.  

Business Loan Protection 

Alleviate risk for small and mid-size companies, should a key person’s disability prevent a business owner from making critical business loan payments.  

Buy-Sell Agreements 

Buyout options for business partners or co-owners should one retire, become disabled, die, or choose to leave the company. These agreements include the terms of purchase by the remaining partners or the heirs of the former partner. They can be funded with life and/or disability combination plans, company funds and profits. 

 Executive Retention Benefits (Golden Handcuffs) 

Deferred bonuses, stock options, and other benefits that mature over time. 

SERP (Supplemental Executive Retirement Plans) – including company contributions that go above and beyond standard 401k incentives. 

Business Continuation Insurance 

Entity-Purchase plans name the company itself as a beneficiary in case an active founder or leader dies. Cross-Purchase policies cover and benefit specific persons within the company to help them move the company forward by acquiring the shares of a founder or partner after their untimely death. 

Photography: Christina Morillo courtesy Pexels.