Discovery
The Gathering Clouds
You recognize the need to protect your business and prepare for potential storms ahead.
Qualification Meeting: Is an 831(b) Plan the right fit for your business
Discovery Meeting: Get to know each other and have your questions answered
Risk Assessment: Identify the most significant risks facing your business
Education
Navigating the Wilderness
Gain a clear understanding of risk management and how an 831(b) Plan can support your business.
Subject Matter Expert: Meeting: Have your questions answered by an 831(b) expert
References: Opportunity to speak with business owners in similar industries
Key Advisor Conversations: Opportunity to include other trusted advisors important to your business
Onboarding
Blazing the Trail
Together, we’ll implement customized protection strategies and guide you through the onboarding process.
Submit Application: Complete your 831(b) Plan application and pay the Plan Formation Fee
Policy Call: Collaborate with an underwriter to determine your best policy profile
Plan Onboarding: Work with a specialist to guide you through our onboarding process and fully establish your 831(b) Plan
Plan Administration
Shelter From the Storm
Your business is protected and you’re fully equipped with the tools and strategies to weather the storm.
Yearly Administration Tasks: Tax Reporting, Annual Review, Solvency Testing (after 3 years)
Protected
The Summit
You’re ready to take on new challenges and continue your business journey because your future is secured.
Enjoy the Peak: Your company is reinforced and ready to take on new opportunities and enjoy:
- Shareholder dividends and loans
- Investment growth on Plan reserves
- Greater financial protection for unforeseen risks
Sleep Well: Rest easy knowing your business is equipped to weather the storm
