Key person coverage
Evaluate the financial loss, replacement cost, and capital needs associated with a critical individual.
Insurance & annuities /Protect the people.
Business protection
Protect the people.
Support the continuity.
Design insurance around a documented business exposure, from the loss of a key person to an ownership transition or an executive benefit commitment.
M. H. LeBlang, Inc. dba M. H. LeBlang Insurance ServicesCA Insurance License 0M32052
Buy-sell funding
Coordinate coverage with the legal agreement, valuation method, owners, and funding obligations.
Succession planning
Assess insurance alongside the business transition, family liquidity, and intended ownership changes.
Executive benefits
Evaluate selective benefit arrangements, funding, retention objectives, and the applicable tax and legal structure.
Professional case review
Connect the coverage
to the broader plan.
A useful comparison makes the objectives, assumptions, tradeoffs, and implementation responsibilities clear.
- 01
Document the economic need
Establish the valuation, compensation, obligations, or other measurable exposure the coverage is intended to address.
- 02
Align agreement and insurance
Compare coverage amounts, ownership, beneficiaries, and triggers with the operative legal documents.
- 03
Review the complete arrangement
Include disability exposures, underwriting, employer-owned policy requirements, compensation, and tax and legal review.
Product & implementation considerations
Business coverage requires medical and financial underwriting and a supportable insurance need. Legal agreements and insurance contracts must be coordinated. Employer-owned policies and benefit arrangements can have notice, consent, tax, and reporting requirements that need case-specific review.
Product availability, underwriting, features, and compensation vary by insurer, contract, state, and professional capacity. Insurance guarantees depend on the issuing insurer’s claims-paying ability.
For your practice
Bring the case.
Define the next step.
Start with the planning objective, client state, and the decision you need to make.