We understand you have many responsibilities as a business owner and thinking about your Business Insurance needs may be the last thing on your mind. Below we break down what we offer to protect yourself, your business & your employees when the unexpected happens:
Cirigliano Agency understands that no two businesses are exactly alike, which is why we offer business insurance packages tailored for many types of businesses. A typical business owners policy (BOP) includes multiple coverages that help protect businesses and their owners in a number of situations. Each BOP, which can be customized to fit your needs, combines property insurance, liability coverage and more into one convenient policy.
Commercial Auto Insurance
Some businesses need company cars to help complete their day-to-day operations. Whether your business has one, or many vehicles, it’s a good idea to have commercial auto insurance (also known as business auto insurance) to help protect you in case of an accident. That’s because a personal auto insurance policy doesn’t typically extend to your company’s vehicles.
Cross Purchase Buy-Sell Agreement
A Cross Purchase Buy-Sell Agreement applies to a business that with more than one owner. As successful business partners, you’ve worked hard to develop systems to handle daily operations and attract customers to your business. But will the business survive if one co-owner dies? A Cross Purchase Buy-Sell Agreement provides for an orderly buyout of a business partner’s interest and is most commonly used when there are a small number of owners. It lets owners establish a reasonable price at which the parties will purchase the business. A funded Buy-Sell Agreement then provides the purchase money.
Major Medical Insurance
There are many benefits you can offer through your business, but there’s one winner that rules them all: health insurance. That’s because it helps keep your employees healthy and happy, and providing health insurance to your employees signals that you care about their well-being. We offer many different medical insurance options that fit the budget of your business.
Whether you want to establish an annuity, mutual fund, IRA or 401(k), Cirigliano Agency offers your business multiple ways you and your employees can start planning for retirement. Speak to our personal financial advisor to learn how you can begin to secure your financial future today.
Key Person Life Insurance
If you have a family, you probably know life insurance can help protect your loved ones financially if you pass away. But do you have life insurance to help protect your business? Yes, there is such a thing: It's known as key person life insurance or business life insurance. Key person insurance is a type of life insurance policy that provides a death benefit to a business if its owner or another significant employee passes away, according to the Insurance Information Institute.
Life insurance is designed to help make sure your family’s financial future is secure. What would happen if you were not there to help contribute to your household? Would your family be able to continue to live the life that you’ve worked so hard to provide? Could they afford to keep your business running, stay in their home, the same schools and sports leagues, and continue to do everything big and small that they hold so dear? Life insurance is the foundation that helps you provide financial security to those you love.
Voluntary Benefit plans are great way to reduce costly turnover and increase employee retention. These plans help integrate and complement high deductible and consumer-driven health plans – Health Savings Account (HSA) compliant. The benefits are paid directly to the employee without coordination with other insurance plans including major medical. This provides your employees with the financial security to pay out of pocket expenses, including deductibles, co-insurance, childcare and home healthcare. Your employees will have increased financial means and control to make their own healthcare decisions.
Workers’ Compensation insurance covers employees following work-related injuries or illnesses. In addition to providing the Workers’ Comp coverage required under state law, Cirigliano Agency can provide your business with liability, property and auto coverage—all in a single policy.
Contact us to learn more about what kind of coverage your business needs!