Ensure the future of your company by planning for the unexpected

Executives and other valuable personnel are a fundamental part of the successful day-to-day operation of your business. The loss of a key person could disrupt revenue flow and lead to internal turmoil and customer erosion.

Key Person Life

You’ll have the security of knowing your business is protected from financial hardship with coverage to help offset reduced sales and profits, and mitigate potential damage to your business.

And, if a covered employee stays with your firm until retirement, the policy may be used as retirement income. In this case, the company must be the:

  • Applicant
  • Owner
  • Beneficiary
  • Premium payer

Buy/Sell Agreement

We provide coverage to fund a buy-sell agreement in the event of the death of a business owner. A buy-sell agreement binds the surviving owners to purchase the business interest of a deceased owner at a pre-arranged price. It also obligates the estate of the deceased owner to sell its interest to surviving owners.

A buy/sell agreement can:

  • Create a fair market value exchange for your business
  • Guarantee a buyer for assets your heirs may not know how to manage
  • Promote the equitable and orderly transfer of wealth, ownership and management
  • Provide your heirs with cash to pay estate debts, expenses and taxes
  • Offer tax advantages

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Take proactive steps to lower the potential cost of liability insurance claims for you and your business.

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Protect your business from ever-increasing internet-based risks.

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Our incredible global reach extends to more than 130 countries.

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From equipment failure to human oversight, almost any incident can result in litigation.

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Businesses of all size need a little help anticipating the disruptions that could lead to financial loss.

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Insure your receivables and gain protection against demand fluctuations, natural disasters, harsh economies and customers who fail to pay.

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Affordable plans to protect your business and your employees.

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McGriff Insurance Services, Inc. is a subsidiary of BB&T Insurance Holdings, Inc.

McGriff Insurance Services, Inc. CA License #0C64544.

Insurance products and services offered through McGriff Insurance Services, Inc., a subsidiary of BB&T Insurance Holdings, Inc., are not a deposit, not FDIC insured, not guaranteed by a bank, not insured by any federal government agency and may go down in value.