Business Solutions
At FBL Solutions, we provide comprehensive financial services tailored to support business owners at every stage of their journey. By aligning our strategies with your personal values and financial goals, we develop and implement customized plans designed to help you achieve long-term success. Explore some of our key services below.
Succession Planning
Succession planning allows owners to leave their business on their own timeframe while preparing their company to be transferred to family members, key employees, an outside party, or even a charity. This must be done in a way that achieves personal financial security, maintains harmony, and achieves maximum value for the business
Executive Benefits
At FBL Solutions, we understand that a company's success is driven by the talent, dedication, and work ethic of its key executives. Our executive benefit packages are designed to help you attract, retain, and motivate top-tier professionals while ensuring long-term business stability. We offer strategic funding solutions for non-qualified plans, supplemental employee retirement plans, split-dollar plans, and more.
Key Person Insurance
Key person life insurance provides a financial safeguard for businesses by offering a death benefit to help mitigate the impact of losing a vital team member. This coverage supports business continuity by stabilizing operations, reassuring employees, customers, and creditors, and offsetting potential losses in revenue and momentum. Additionally, it can aid in the process of finding and training a suitable replacement.
Funding Buy-Sell
Agreements
A buy-sell agreement is a legal contract between business co-owners that outlines the process for handling the departure or death of a co-owner, whether voluntary or involuntary. A funded cross-purchase buy-sell plan uses life insurance to ensure there are sufficient funds available when such an event occurs, allowing the agreement to be properly executed.