While corporate officers and business owners may spend hours assuring their businesses are protected by the best coverage and legal agreements, yet often don’t make time to assure their own personal assets, life insurance, disability and estate planning needs are properly protected. HRC will carry out a risk management analysis and critique of an individual’s personal insurance policies and estate planning objectives as related to family, business and future needs. HRC will develop an optimal personal risk management and insurance program to protect what you’ve worked so hard to earn.
Review of all existing life, health and disability insurance policies, any agreements such as Buy Sell Agreements, Key Man Life policies, estate planning documents, wills, trusts, annuities, or any alternative funding mechanisms. This will include an analysis of coverage, pricing and adequacy of limits, qualification of brokers and insurance companies, and assurance that clauses in documents properly address life insurance or disability needs and that the language is properly written to match the insurance needs.
Review existing homeowners, auto and excess or umbrella policies, with emphasis on assuring terms are broadest and coverage adequate in relation to existing real and personal property and any liability exposures. HRC will suggest improvements, alternative programs, and point out areas of weakness or coverage gaps that allow exposure. HRC will then recommend appropriate insurance vendors, products, and legal professionals to form a thorough personal risk management and estate planning program.
Provide competitive insurance marketing service for individual insurance policies, which can include coverage for complex risks or items requiring special insurance ie. flood, earthquakes, fine arts, collectibles, luxury items such as yachts, airplanes, etc..
Provide personal policy language review in the event of a first party claim to assure coverage possibilities are maximized, and, if necessary, serve as an expert witness to support any efforts to obtain coverage, and provision of defense and costs.
Evaluate client’s exposure as a director of not-for-profit organizations, including any such organizations’ director and officers’ liability insurance coverage, and identify any insurance programs available based on a client’s membership, affiliation or participation in professional, religious or civic organizations.
Review of any Group Personal Insurance Programs offered by a client’s employer.
Risk Management Consulting
Insurance & Contract Review Service
Mergers And Acquisitions
Agency Consulting Services