General liability insurance is protection for a business for losses resulting from personal injury, product or operational problems and property damage.

Cyber liability insurance, sometimes short for cyber security, privacy, and media liability insurance, helps your company respond in the event of a cyber attack or data breach. If your network or computer systems are hacked into or corrupted by a virus, for example, cyber liability insurance can be essential.

Professional liability insurance (PLI) is insurance that protects professionals such as accountants, lawyers, and physicians against negligence and other claims initiated by their clients.

Errors and omissions insurance (E&O) is a type of professional liability insurance that protects companies, their workers, and other professionals against claims of inadequate work or negligent actions.

Workers’ compensation insurance is a type of business insurance that provides benefits to employees who suffer work-related injuries or illnesses. Specifically, this insurance helps pay for medical care, wages from lost work time and more.

A business automobile policy (BAP) provides coverage for a company’s use of cars, trucks, vans, and other vehicles in the course of carrying out its business. Coverage may include vehicles owned or leased by the company, hired by the company, or employee-owned vehicles used for business purposes.

Business crime insurance provides coverage for losses due to fraud, embezzlement, theft, forgery, or any other business crime. Business crime policies need to be purchased separately as business crimes are not covered under commercial property insurance.

Directors and officers (D&O) liability insurance is insurance coverage intended to protect individuals from personal losses if they are sued as a result of serving as a director or an officer of a business or other type of organization. It can also cover the legal fees and other costs the organization may incur as a result of such a suit.

EPLI is a type of liability insurance covering wrongful acts arising from the employment process. The most frequent types of claims covered under such policies include: wrongful termination, discrimination, sexual harassment, and retaliation.

Liquor liability insurance protects businesses that manufacture, serve, or sell alcohol. The policy provides coverage for legal fees, settlements, and medical costs associated with bodily injury or property damage caused by an intoxicated person, who was served or sold liquor by the policyholder.

A bond is a fixed income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental). A bond could be thought of as an I.O.U. between the lender and borrower that includes the details of the loan and its payments.

Key man life insurance is an insurance policy that a company purchases on the life of an owner, a top executive, or another individual considered critical to the business.

Key man disability insurance helps businesses offset the financial burden of a key contributor being disabled.

Business continuity is a core aspect of successful Exit Planning. It prepares owners for extreme “what if” scenarios—such as sudden death, incapacitation, or blackmail—and addresses less challenging, more run-of-the-mill issues that are part of most business exits.

A buy and sell agreement is a legally binding contract that stipulates how a partner’s share of a business may be reassigned if that partner dies or otherwise leaves the business. Most often, the buy and sell agreement stipulates that the available share be sold to the remaining partners or to the partnership.

Group health insurance is a type of medical insurance policy for employees or members of a company or organization. A group health insurance plan typically provides health insurance coverage to its members at a lower cost since the risk to health insurers is spread across the members of the group health plan.
A group dental benefits plan pays for and allots dental services by type of care such as basic, preventative or routine care, major restorative and orthodontic services.
Group life insurance is a type of life insurance in which a single contract covers an entire group of people. Typically, the policy owner is an employer or an entity such as a labor organization, and the policy covers the employees or members of the group.
Vision care insurance will often cover routine eye health expenses such as eye exams, contact lens fittings, contact lenses, and eyeglass lenses and frames and may provide a discount on LASIK procedures.
Group short-term disability insurance is also referred to as weekly indemnity and provides a percentage of a person’s salary if they are unable to work for a short period of time due to sickness or injury. Group short-term disability insurance policies typically have a limit on the benefit amount that will be paid and a limit on the amount of time benefits will be paid for.
Group Long Term Disability coverage (LTD) provides plan members with replacement income in the event of a disability caused by an illness or accident occurring on or off the job. If a plan member is unable to work due to a disability, a percentage of income is payable monthly following the elimination period.
Supplemental life insurance, also called voluntary supplemental life insurance, refers to any group life insurance you purchase on top of what is offered by your employer. Payments are typically handled by your employer, which deducts the premiums from your paycheck.
Voluntary life insurance is a financial security and protection policy that provides a cash payout to a beneficiary or beneficiaries upon the death of the policyholder who is insured. It represents an optional benefit that is offered by employers to their employees as part of a comprehensive group life and health insurance plan.

Legal Shield (previously known as Pre-Paid Legal Services or simply Pre-Paid Legal) is an American corporation that sells legal service products direct to consumer through employer groups and through multi-level marketing.

A 401(k) plan is a company-sponsored retirement account that employees can contribute to. Employers may also make matching contributions.
There are two basic types of 401(k)s—Traditional and Roth—which differ primarily in how they’re taxed.
In a traditional 401(k), employee contributions reduce their income taxes for the year they are made, but their withdrawals are taxed. With a Roth, employees make contributions with post-tax income but can make withdrawals tax-free.

Life insurance is a contract between an insurer and a policyholder. A life insurance policy guarantees the insurer pays a sum of money to named beneficiaries when the insured policyholder dies, in exchange for the premiums paid by the policyholder during their lifetime.
Disability insurance is a type of insurance that will provide income in the event a worker is unable to perform their work due to disability.
Guaranteed Issue Disability Insurance Is designed to offer a low-cost disability insurance option. Since the policy is not underwritten, premiums are discounted and fees associated with underwriting expenses are reduced.
Long-term care (LTC) insurance is coverage that provides nursing-home care, home-health care & personal or adult daycare for individuals age 65 or older or with a chronic or disabling condition that needs constant supervision.
Critical illness insurance provides additional coverage for medical emergencies like heart attack, stroke, or cancer.
Legal Shield (previously known as Pre-Paid Legal Services or simply Pre-Paid Legal) is an American corporation that sells legal service products direct to consumer through employer groups and through multi-level marketing.
Immigrating seniors can purchase guaranteed-issue private health insurance in the exchanges, and can receive premium tax credits to offset the cost if their income doesn’t exceed 400 percent of the poverty level and they don’t qualify for certain other government- or employer-sponsored coverage.
Kidnap and ransom insurance is a specialty crime coverage that protects against financial losses that arise when an insured is threatened with kidnap, extortion or illegal detention domestically or abroad.
Visitors & travel insurance is a type of insurance that covers the costs and losses associated with traveling. It is useful protection for those traveling domestically or abroad.

529 Plans

529 Plans are tax-advantaged accounts that can be used to cover educational expenses from kindergarten through graduate school.

Education IRAs, etc

An education IRA is a tax-advantaged investment account for higher education, now more formally known as a Coverdell Education Savings Account (ESA). Under this educational savings vehicle, parents and guardians are allowed to make nondeductible contributions to an education individual retirement account (IRA) for a child under the age of 18.

A mutual fund is a type of financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets. Mutual funds are operated by professional money managers, who allocate the fund’s assets and attempt to produce capital gains or income for the fund’s investors.
A managed account is a type of investment service which selects a group of funds and packages them in an investment portfolio for an individual. The individual investor owns the account, but it’s overseen by a professional money manager whom they’ve hired on their behalf.

An annuity is a financial product that pays out a fixed stream of payments to an individual, and these financial products are primarily used as an income stream for retirees. Annuities are contracts issued and distributed (or sold) by financial institutions, which invest funds from individuals.
A Fixed annuity guarantees payment of a set amount for the term of the agreement. It can’t go down (or up).
A Variable annuity fluctuates with the returns on the mutual funds it is invested in. It’s value can go up (or down).

IRAs are tax-advantaged accounts that individuals use to save and invest for retirement.

Types of IRAs include traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs.

Traditional IRAs (individual retirement accounts) allow individuals to contribute pre-tax dollars to a retirement account where investments grow tax-deferred until withdrawal during retirement. Upon retirement, withdrawals are taxed at the IRA owner’s current income tax rate.

A Roth IRA is a special retirement account where you pay taxes on money going into your account, and then all future withdrawals are tax-free.

A Simplified Employee Pension (SEP) is an individual retirement account (IRA) that an employer or self-employed individual can establish. SEP IRAs are used by small businesses and self-employed individuals to meet their retirement savings needs.

A SIMPLE IRA, or Savings Incentive Match Plan for Employees, is a type of tax-deferred retirement savings plan. SIMPLE IRAs are easy to set up, and they can be a good option for small businesses.

A Solo 401(k) is a retirement account designed for the self-employed or business owners with no full-time employees.

A Cash Balance Plan is a pension plan with the option of a lifetime annuity. For a cash balance plan, the employer credits a participant’s account with a set percentage of their yearly compensation plus interest charges.