Executive benefits enable you to selectively reward key employees and executives of your business. These benefits help you to attract the key executives who will contribute to your company's growth and profitability. A well-designed executive benefits program provides incentives that help retain your key employees and executives.
Brown & Brown designs, implements and administers executive benefit plans that supplement restrictive qualified retirement and group insurance plans. We create executive benefit plans that are cost-efficient and effective. These plans include:
- Salary Continuation Plans
- Split Dollar Insurance Plans
- Deferred Compensation Plans
- Supplemental Executive Retirement Plans (SERP)
- Executive Bonus Plans
- Executive Group Term Carve Out Plans
- Executive Disability Income & LTC Plans
Our programs are designed to meet your executives personal needs and goals within the context of your overall corporate financial goals.
Employee stock options and programs like 401(k) plans are a good start, but they may not meet the financial expectations of the most talented executives. Executive employees want to enjoy a rewarding, worry-free retirement, pay for their children's college education, and establish sound financial security. They participate in retirement programs to make these dreams realities.
Due to government limitations, executives may not be able to achieve these lifestyle goals through your current benefit programs. We are chosen as trusted corporate advisors because we carefully evaluate current costs and benefits, and explore possibilities for better, more efficient programs that help executives reach and protect their financial goals.
Beyond the 401(k)
Performance Pay & Incentives in Disability Programs
Supplemental Executive Retirement Plans (SERPs)
Request Additional Information
Contact an Brown & Brown financial advisor at 586-977-6300 or complete the online submission form to discuss all of your options and to design the most suitable executive benefit plan to meet your needs.