Beyond Protection: How BizStream Builds Business Value
Many business owners focus on temporary risk coverage, but BizStream turns traditional insurance into a multi-purpose Indexed Universal Life (IUL) asset. From buy-sell agreements to protecting yourself against key staff departures and rewarding them with deferred compensation, BizStream helps business owners turn a necessary expense into long-term financial growth, tax-free retirement reserves, and a powerful tool for business stability.
- Business owners aren’t getting value out of their insurance
- BizStream protects businesses and helps build tax-free wealth
- Looking after key employees is crucial
- Incentivise staff with a better plan
- Build a business strategy that benefits you and your staff
BizStream benefits your business
Most insurances play on our fears, urging us to plan for ‘what ifs’. If you’ve ever thought there’s a better way to protect your business and set it up for long-term success, you’d be right. Here, we look at how BizStream outperforms traditional strategies to create lasting financial advantages.
A fresh take on buy-sell agreements
Traditionally, a business’s buy-sell plan relies on cost-effective term policies. The catch? They potentially expire over time, rendering premium dollars a sunk cost. BizStream, however, turns this necessary expense into a cash-value policy that continually grows, providing business owners with buy-sell benefits and a financial asset. The death benefit protects remaining partners, and the policy’s accumulated wealth is accessible for future tax-free income.
KeyPerson protection & deferred incentive
Great businesses are built on great people, and losing key talent can be costly. Many companies rely on KeyPerson (or KeyMan) Insurance to protect against the sudden loss of pivotal employees, but it’s often temporary, and if unused, the premium is lost. BizStream transforms this strategy by safeguarding the business against a key person’s departure, death or permanent disability while creating an asset. You can also set up deferred incentives for the employees who reach specific tenure milestones, with policy ownership bonuses that offer tax-free retirement income – a far better retention tool than a gold watch.
Plan for your own retirement
Business owners often delay retirement planning, assuming that growing the business is enough to fund their future. But this approach can mean overestimating a business’s value and underestimating personal retirement needs to live it up in your golden years. BizStream bridges the gap with short-term funding (minimum $5,000 over five years) that builds tax-free retirement wealth without draining business resources.
Building business value without burdening the balance sheet
Because Stream acts as loan guarantor, it lets policyholders leverage funds without adding debt to the business’s bottom line. However, once the loan is paid, the policy’s cash value adds to the business’s net worth. It’s a win-win.
Rethinking business insurance
BizStream redefines how insurance can work for businesses. No longer just a protection cost, it’s an asset that grows alongside the business and its people. For owners, it’s about building wealth, securing future cash flow, retaining the best people, and structuring benefits that adapt as the company evolves.Watch the video to learn more.
