Executive Voluntary Benefits

Executive voluntary benefits are a responsible business decision for company leaders and business owners. If something happens to you, what will happen to your business? In addition to our individual voluntary insurance products and group voluntary insurance products, The MWE Partnership is pleased to offer executive voluntary benefits. Key talent can mean the difference between your business remaining open and growing, even in periods of adversity or hardship, and your business needing to shutter. In the interest of protecting you and your customers, executive voluntary benefits are a critical offering.

Business Overhead Expense Insurance

Business overhead expense insurance is another type of disability insurance offered by The MWE Partnership, in addition to our individual and group offerings. This type of executive voluntary benefit insurance protects your business in the event of a tragedy. If you are disabled, this insurance will provide monthly payments to your business to cover routine and expected expenses and keep the doors open. If you have customers and employees that rely on the services and products you provide, business overhead expense insurance is necessary to ensure things keep moving in the event that you are out of commission for a period of time. Business overhead expense insurance is designed to supplement your personal short-term disability and long-term disability insurance policies by covering the business end of the expenses, while your individual policies will cover your personal expenses. Business overhead expense insurance can cover:

Lease, mortgage, or rent payments
Loan and mortgage interest accrued
Utility bills
Laundry, maintenance, or commercial cleaning service fees
Accounting and legal fees
Trade dues or subscriptions
Employee salary and benefit costs
Depreciation of equipment
Insurance premiums
Taxes
And more, depending on your policy.

Key Person Life Insurance

Key person life insurance can be used to protect key executives at your business, including the owners and managers. Whenever a death or accident occurs, replacing key business people can take a great deal of money and time. Key person life insurance provides your business with a benefit to help offset direct financial losses as a result and ensure that the transition to new leadership or ownership will be more seamless.

Additional Individual Voluntary Insurance Products

To round out your executive benefits package and offer even more protection to your executives and your business as a whole, you can select from our wide range of individual insurance products including:

Short-term disability insurance
Long-term disability insurance
Accident insurance
Critical illness insurance
Hospital confinement insurance
Life insurance (whole, term, and universal)
Cancer insurance
Specified disease insurance
Vision insurance
Dental insurance
Long-term care insurance
Pet insurance
Legal insurance
Identity theft protection insurance