At some point during your lifetime, either by choice or by necessity, you'll need out of the business you're in. Whether the change is due to an unexpected disability or even retirement, planning for this event is important.

It is also important to ensure that your business continues in the event that you or other key employees are disabled. How will overhead expenses be paid? Do you have a buy/sell agreement in place?

If the success of your business is dependent on a few key employees, consider a key person plan. You can offer supplemental disability coverage to key employees in addition to their existing group coverage, or an individual annuity to supplement existing retirement plans. This coverage is portable, should you — or they — ever have to leave the company.

Standard Insurance Company offers several types of individual disability insurance policies and individual annuities, each with various enhancements and benefits, that can be customized to meet specific needs.

Contact a representative of The Standard today for help in determining which of our products and services is right for you.