Business planning
Protect the Business You've Built
A single unexpected loss can threaten everything you've worked for. Jan Smida helps business owners structure life insurance solutions that keep operations stable, protect key people, and secure your legacy.
Life Insurance Built for Business Owners
Your business faces risks that personal coverage alone can't address. From the sudden loss of a partner to the departure of a revenue-driving employee, the right life insurance strategy keeps your company solvent, your team protected, and your succession plan intact.
Keep ownership transitions smooth and conflict-free
A buy-sell agreement funded by life insurance ensures that when a business partner dies, the surviving owners have the capital to purchase the deceased partner's share — without liquidating assets, taking on debt, or bringing in unwanted heirs.
Ideal for: Business partnerships and multi-owner companies that want a clear, pre-funded succession plan.
- Guarantees a fair buyout price agreed upon in advance
- Life insurance proceeds fund the purchase immediately
- Prevents ownership disputes with surviving family members
- Keeps the business operating without financial disruption
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Funded Buy-Sell Agreements
Keep ownership transitions smooth and conflict-free
Protect revenue when it matters most
Key person insurance compensates your business for the financial loss caused by the death of an owner, executive, or employee whose skills, relationships, or knowledge are critical to operations. The death benefit gives the company time and capital to recover.
Ideal for: Any business that depends on one or a few individuals for revenue, client relationships, or specialized expertise.
- Death benefit paid directly to the business
- Covers lost revenue, recruitment, and transition costs
- Reassures lenders, investors, and key clients
- Flexible coverage amounts tied to the individual's value
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Key Person Insurance
Protect revenue when it matters most
Attract and retain top talent with tax-advantaged benefits
Executive benefit plans use life insurance as a vehicle to provide selective, tax-advantaged compensation to key employees and owners. Structures like EOLI, COLI, and non-qualified deferred compensation plans reward loyalty while building cash value the business controls.
Ideal for: Business owners who want to reward key executives, reduce taxable income, and build a retention tool with real financial value.
- Tax-deferred cash value accumulation owned by the business
- Selective — offered to chosen executives, not all employees
- Deferred compensation tied to continued service
- Death benefit protects the business and provides a legacy
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Executive Benefit Strategies
Attract and retain top talent with tax-advantaged benefits
How It Works
A straightforward process designed around your business.
Business Review
Jan learns about your ownership structure, key personnel, revenue drivers, and succession goals before recommending anything.
Strategy Design
You receive a tailored plan — buy-sell, key person, executive benefit, or a combination — with clear cost and coverage projections.
Coordinated Implementation
Jan works alongside your attorney and CPA to ensure the insurance structure aligns with your legal agreements and tax strategy.
Annual Review
As your business grows and changes, Jan revisits your coverage to make sure it still reflects the value you've built.
Protect What You've Built
Schedule a free consultation with Jan to review your business's exposure and design a strategy that keeps it secure.