At Delington Financial & Insurance Services we continue to adjust our sails when guiding and supporting small and large business owners throughout the State of California, as we aim higher to offer a value-added perspective on how to offer and structure your key-executive and employee benefits in the most cost-effective and efficient manner possible, so as a business owner, you can focus more on the growth, profitability and the future of your business
Executive & Key Person Employee Benefits
Maintaining the growth and profitability of an extremely competitive business, while attracting as well as retaining qualified executives, key persons, and quality employees who assist in the growth and profitability of your business model can be challenging.
83% of employees rank benefits as very significant when considering an employment decision _2 out of 3 employees are confident in having enough savings for a comfortable retirement. Only 23% are very confident.
The US tax reform law, (aka) Tax Cuts and Jobs Act has made adjustments to the tax treatment of top executives pay, and certain types of compensation arrangements and benefits that are subject to limits on tax deductibility - IRS Code Section 162(M)
At Delington Financial & Insurance Services our business development strategist will focus on helping you develop a system that attracts, rewards, and retains quality executives, key people, and employees., in the most efficient and cost-effective manner possible.
Today's business travels connected to traveling outside of the United States, and within the boundaries of International Travel has its challenges. In spite of international crises, or government regulations, global tourism as well as international business, student, and leisure travel remains on course.
As an extra precaution, international and domestic business owners-employees travelers are protecting themselves on a short or long-term basis with effective international travel insurance benefits that provide a sense of security and support.
In general, International Travel- Health Insurance plans are designed to provide cost-effective protection and peace of mind, for those unforeseen urgent care, emergency medical needs, or earlier evacuation issues, and additional benefits and support that may not be offered with your primary insurance during your international travels.
Comprehensive, employer-sponsored group health insurance for internationally assigned employees
Life, dental, and daily indemnity coverage
Full group takeover and replacement provision
COBRA and HIPAA like options
Enhanced benefit option for U.S.-based employers
Coverage for non-U.S. residents traveling to the USA
When the owner of a business dies, the business's financial stability depends on how well the business has prepared for a transition of ownership. As a result, heirs continue to look forward to ongoing financial security. When there is no formal buy-sell agreement in place, challenging events can cause unpleasant circumstances.
At Delington Financial & Insurance Services, our Business Planning Division will help ensure stability during your business transition and propose a strategy that will prevent heirs from having to run or sell your business after the owner passes.
By proposing and implementing one of the three types of buy-sell agreements, your plan ensures an orderly transition, while alleviating possible disagreements over the true-value of your business.
Consequently, your heirs receive needed cash benefit, and a surviving owner is assured that the heirs or a non-qualified stranger become a fixture in your business.
In general, a buy-sell agreement is a legally binding agreement that records the terms and conditions regarding the future sale of your business interest, while strengthening the continuity of ownership and management.