Serving over 200 companies and more than 2000 families since 1988

2882 Sand Hill Rd. Ste. 119 - Menlo Park, CA 94025 - (650) 854-8963 - (800) 564-4476
Pleasure Point - (831) 464-9600

Posts made in April, 2016


As a busy business owner, you spend most of your time keeping your company running smoothly. But formulating a contingency plan is another vital part of business planning. What would happen to your business if died or were incapacitated, or if something happen to other vital company members? Your family depends upon the business for their survival, but so do your employees and their families. That places a heavy burden of responsibility on your shoulders. Luckily key man insurance can provide for your worst-case “what if” scenarios, so that your business and livelihood are protected. Who is a key person? Are the knowledge and skills of a particular person vital components of your business? Would you sustain significant financial harm if this person could not perform their job duties? If so, this employee is a key person. Think of this person or people as crucial to your day-to-day operations and/or long-term success. How can key person insurance protect my business? The payout from a life insurance or disability income insurance policy can compensate your business for the loss of a key person’s skills. In the event that this person dies or becomes disabled, your insurance benefits would cushion the blow to your company while you proceeded with a plan to replace that person’s skills and abilities within your business operations. Your business generally owns the key person insurance policy, pays the premium, and is the beneficiary in the event of a payout. Some businesses agree to split premium payments, cash surrender, and benefits with the key employee. It can be difficult to establish a dollar value for your key person insurance policy. We can work with you to calculate the value of this employee’s contribution to your business, and this number will vary significantly depending upon the type of business you own as well as the key person’s contribution to the company. You might calculate the potential loss of this person’s sales, and add the cost of replacing this employee. Remember to include employment agency fees, salary and benefit requirements for the replacement, and moving expenses. Replacing a valuable employee might require you to put together an attractive employment offer. If you already have key person insurance, when was the last time you updated your policy? Just as with other types of life insurance, you should reevaluate your key person insurance needs every few years. The cost of replacing this employee is likely to rise over time, as both their contributions and the employment marketplace change. Give us a call, and we can help you protect your most vital business...

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Small business owners strive for ethical operations in all areas of their business operations. When choosing to work with larger companies for insurance or other needs, business owners tend to be very selective in their interactions. You want to carry that same level of professionalism and moral standards throughout all of your dealings, and it can be nerve wracking to trust a large company. You might be interested to know that for the ninth year in a row, Aflac has been named to the Ethisphere Institute’s 2015 list of World’s Most Ethical Companies. Each year the Ethisphere Institute compiles this list to recognize superior achievements by large businesses in the areas of integrity, transparency, ethics, and compliance. The Ethisphere mission is to improve corporate behavior in a way which positively impacts the world. As Ethisphere’s Chief Executive Officer Timothy Erblich reminds us, “There’s a lot of rules out there for companies and there’s a lot of things that happen when things go wrong, but there’s not a lot of standards of good behavior… We thought we could positively effect change by creating those standards of good behavior and recognizing those top performers.” That’s great news for small business owners who want to do business with ethically sound larger businesses – not simply rely upon an enforceable remedy when or if things go wrong! You might remember Aflac from their entertaining commercials featuring a duck who quacks their company name. But their individual and group insurance division provides protection to more than 50 million people, making Aflac one of the nation’s most prominent insurance companies. In fact, one in four households is covered by some form of Aflac insurance. During a time that we often see reports of unethical behavior within large business settings, it can be reassuring to see that such a prominent insurance company is consistently recognized for upholding high standards. Aflac Chairman and CEO Dan Amos commented, “As a business that sells a promise to our customers that we will be there for them in their times of need, it is reassuring to our company and our policyholders that the standard-bearers on corporate ethics believe Aflac behaves with integrity and ethics”. If you’re considering group health insurance, or any other type of insurance for your business, give us a call. We specialize in helping small business owners select the right insurance policies from trustworthy...

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Protect Yourself from Identity Theft

Protect Yourself from Identity Theft


Posted By on Apr 5, 2016

Each year, over 9 million Americans are affected by identity theft. Because identity theft can ruin your credit, cost you your tax refund, and cause months or even years of frustration as you attempt to put your life back together, it’s important to remember that prevention is the best remedy. Take these steps to prevent identity theft, and remember that no one is immune from this type of fraud. Protect your purse or wallet. Don’t let them exposed in public places, and only carry what you need. Leave your Social Security card at home, and don’t carry more credit cards than you will be using on an outing. Keep photocopies of all credit cards and identifying documents so that you can easily replace them if stolen. Shred your mail and other important documents before discarding them. It’s not very high-tech, but many thieves still rummage through the trash looking for information they can use to steal identities. Carefully examine credit card and bank account statements each month. Be on guard for suspicious activity so that you can report it immediately. Cancel credit cards that you don’t use; you will have one less account to monitor. Choose difficult passwords. Hackers use computer programs to crack online passwords. Using a combination of symbols, upper- and lowercase letters, and numbers can keep your passwords safe. Be careful about online communications. Con artists often send emails that appear very real. But your bank, credit card company, the IRS and so on will not ask you to follow a link and enter your personal information. These are often dummy websites established for the purpose of gathering account names and passwords. Keep your computer protected by anti-virus software. Run scans on a regular basis. Be careful with phone calls. Even if your caller ID displays the name of a seemingly reputable company or government agency, remember that these people will usually not call you to ask personal information. Hang up the phone, and call a known customer service number to see if there is a problem with your account. Subscribe to an identity protection service. If you are ever the victim of identity theft, the services offered by these companies can help you get your life back on track. We recommend Legal Shield to our clients. It’s a relatively inexpensive service, and covers much more than just identity theft. Give us a call, and we can discuss Legal Shield’s services with you. That way you can see for yourself if the service is a good fit for your...

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