Unmitigated risks are commonplace with small businesses. Entrepreneurs, being inherent risk takers, do not always spend sufficient amount of time and effort to study risks that threaten the financial health of the company. Insurance and self-insurance are the key methods of protecting the business from financial disaster. Generally, what requires protection is life and health of business owners, key people and employees, as well as day-to-day operational activities, physical, and intellectual property.
Foxman Asset Advisors work with attorneys, CPAs, and insurance agencies and companies to structure risk protection in the most efficient way by utilizing life, disability, and health insurances as well as various annuity products. Our advisors work on customized products such as key-man insurance and group policies for employees of the company.