It is essential for companies to prepare for unforeseen events with sound planning.
The objective of risk management is to minimize a company’s exposure to the possibility of loss. Stonebridge focuses on recommending and implementing risk management and insurance strategies that provide financial security against future risk, accidents, and uncertainty.
Stonebridge has licensed insurance agents who can address helping to protect businesses from the consequences that can occur from the loss or disability of an owner or key employee.
Since death and disability are two provisions that are often unexpected, life and disability income insurance are typically utilized to provide the necessary funding to facilitate a buyout of the deceased or disabled partner's share. It is essential for companies to prepare for unforeseen events by planning. Stonebridge can help businesses properly prepare for these types of scenarios with the following risk management services.
- Buy-Sell Agreements
- Key-Person Insurance
- Disability Insurance