| I will go through a list of the planning concepts and programs that are available, and ask whether or not you already have such a program in place. If you do not, I will ask whether or not you have considered such a program. | ||
| Program | Now in Place | Considered |
| Buy-sell agreement — To provide an orderly way to assure business continuity and succession. | ||
| Key employee plans — To protect the business if an indispensable employee dies or is disabled. | ||
| Supplemental executive retirement plans — To provide retirement benefits for you and/or your key employees. | ||
| Executive bonus plans — Tax-deductible life insurance benefit for shareholders and/or selected employees. | ||
| Salary continuation plans — A tax-favored way for businesses to pay for individual disability income insurance for the principals and selected employees. | ||
| Split-dollars plans — A way to help pay insurance premiums for selected employees, and eventually recover its costs. | ||
| Estate planning — advisers coordinate business and personal assets to assure the orderly disposition of the estate according to the owner's wishes. | ||
How important do you feel the programs you now have in place are to the overall success of the business? Why?
How did you go about selecting the programs you now have?
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Ohio National is not affiliated with, nor does it endorse or sponsor, any particular prospecting, marketing or selling system.