Employee Retention Strategies That Work
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Do your business owner clients have a restoration plan for their key employees?
Life insurance-based reward and retention plans are often the answer for business owners, but many don’t know where to start.
In this webinar, we use Principal’s new executive carve-out, guaranteed issue term program as a solution. Starting with only 10 key employees (the first product on the market for 10 lives!), we discuss how to create a secondary life insurance program for highly-compensated key individuals. You'll walk away with a secret weapon to let business owners:
- Provide a bolt-on restoration plan for higher income earners where the group offering isn’t proportionate
- Offer more insurance than traditional group programs provide
- Leverage multi-life underwriting discounts
- Keep key employee reward programs simple to manage
Patti Bell, CPA, CLU supports agents who have technical questions regarding advanced business and estate planning cases. Since joining Principal in 1986, she has been a frequent continuing education speaker across the country on business planning, executive benefits, estate planning and life insurance planning.