OPTIMIZING EXECUTIVE BENEFITS

Many organizations want to offer competitive benefits to their executives. However, they face challenges related to the limitations of group insurance programs. LMB Insurance Inc. analyzes these plans to identify gaps and propose appropriate solutions.

Common problems and solutions:

· Insufficient coverage – Group plans often limited benefits for executives. We design plans tailored to their compensation and status.

· Exclusion of premiums and bonuses – Insurers often ignore these elements when calculating benefits, reducing effective protection. We structure plans that integrate them.

· Complementary solutions – Two options: include executives in an optimized group plan or implement a program dedicated to their specific needs.

· Strategic analysis – Collaboration with human resources to design plans aligned with the company's philosophy and competitiveness.

Disability Insurance Optimization:  

· Individual Executives: Personally owned, tax-free policy with employer reimbursement of premiums.

· Groups of 2 to 9: Income replacement benefits with tax advantages and premium reductions.

· Groups of 10+: Guaranteed issue coverage with high benefits and optimized cost.

Executive Life Insurance:

· Customized structures integrating bonuses and incentives for optimal protection.

· Improved pricing and full policy portability.

· Access to individual offers that are often more advantageous than group plans.

With over 35 years of expertise, LMB Insurance Inc provides strategic solutions for recruiting, rewarding, and retaining senior executives.

Contact us today for a personalized analysis!