Business Insurance

businessinsurance2 The time, energy and resources you have invested into your business should be secured and protected through personalized Business Insurance. To ensure business and income protection for you and your employees, Floyd Watkins & Associates proudly offer an array of insurance options from multiple carriers to fit your specific needs. Our team of highly trained, and courteous professionals, are experts in insurance and will help you evaluate your current situation to better help you decide which coverage plan suits you.

BUSINESS INSURANCE OPTIONS WE PROVIDE INCLUDE:

Individual Disability Income Insurance (DI): protection from income disruption due to an unforeseen disability. This coverage will pay a monthly stipend to cover household expenses including utilities, mortgage and groceries.
DI Retirement Security (DIRS): protection from disruption in the ability to save for your retirement if you become disabled and unable to work.
Overhead Expense Insurance (OE): protection from disruption in the ability to pay fixed business expenses due to an unforeseen disability.
Business Loan Protection: this provision can be added to an OE insurance policy, to ensure your business loans are paid in the event of a severe disability.
Key Person Replacement Insurance (KPR): this coverage helps maintain the stability of your business when a key employee becomes disabled. This pays for employee recruitment, revenue replacement and staffing.
Disability Buy-Out Insurance (DBO): this insurance policy pays for a buy-sell agreement to buy out a business owner who becomes disabled.