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...n go unshod' could apply to many insurance agencies today. Thousands of agents don’t carry any E&O insurance at all, and many more might not hav...ave the freedom to sell and service insurance. If you want to be completely fr...

...s of the American Association of Insurance Management Consultants have long been concerned about some insurance 'experts' that seem to be able to m...estimony of expert witnesses impact insurance professionals? In our opinion, t...

...d or actual credit applications, insurance forms, physician stateme...

...n, company owners, partners, and trustees from costly judgments involving empl... for details on Fiduciary Liability insurance.

... facing today's business owner. Of the many forms of taxation, estate taxes are considered the most unfair-and the most unavoidable. Here's a way, however, for the owner of a business to avoid both capital gains and estate taxes: Set up an Employee Stock Ownership Plan (ESOP), giving the stock to a charitable remainder trust. The trust sells the stock back to the ESOP and the trustee (you) invests the stock proceeds wherever desired. The trust pays the proceeds from this investment to you and your spouse for your lifetimes. After the second death, proceeds are paid to the private charitable trust that you've designated. Your children or heirs of the business owner become the trustees. Five percent of the trust principle must be paid to a charity each year. The remainder, ... difference between investment income and 5%, is paid to the trustees. The result: No capital gains tax, and no estate taxes on the proceeds of selling the business. This is the best of all worlds! Robert K. Nein, CPCU, CLU, is president of Central Virginia Insurance Consultants, Inc., 407 St. Andrews Circle, Lynchburg, VA 24503, (804) 384-0140, fax (804) 386-4842, E-mail [email protected] . Login or Register (for FREE) to gain access to thousands of other great articles. Need more reasons to join? Need insurance for you, your business or your family? Get quality appointments - Save yourself a whole lot of time & money when you use our directory of carriers, wholesalers and service providers. ...

... term of the Agreement, Employee shall not, without Employer's express prior written consent, directly or indirectly solicit or write insurance business to or for any other person or firm for compensation or engage in any activity competitive with or adverse to Employer's business or practice, whether alone, as a partner, or as an officer, director, employee, or shareholder of any other corporation, or as a trustee, a fiduciary, or other representative of any other entity. Making passive and personal investments and conducting private business affairs not inconsistent with this Agreement shall not be prohibited under this Agreement. 5. Professional Standards. Employee shall perform his or her duties as an insurance salesperson under this Agreement in accordance with such standards of professional ethics and practice as may from time to time be applicable during the ... x No Thanks Loading.. x No Thanks Loading.. x No Thanks Loading.. x No Thanks Loading.. The Jordan Insurance Group 1 2 3 4 5 Rating history (0 Reviews - 0 of 5.0) Shows who have rated the content, and the rating score. Write your review here. (Required) Please consider the following: 1. Would you recommend this company? 2. What about this company do you like/dislike? 3. Why did you choose this rating? Submit This Anonymously Submit Cancel Contact Us contact_phone Click to call Unfollow First name: Last name: Email: Are you sure you want to deactivate your CompleteMarkets Company Profile Deactivate Cancel Loading.. About Us Products/Services News Jobs Team Articles Blog Group Followers Photos Reviews Newsletters x No Thanks Loading.. x ...

... term of the Agreement, Employee shall not, without Employer's express prior written consent, directly or indirectly solicit or write insurance business to or for any other person or firm for compensation or engage in any activity competitive with or adverse to Employer's business or practice, whether alone, as a partner, or as an officer, director, employee, or shareholder of any other corporation, or as a trustee, a fiduciary, or other representative of any other entity. Making passive and personal investments and conducting private business affairs not inconsistent with this Agreement shall not be prohibited under this Agreement. 5. Professional Standards. Employee shall perform his or her duties as an insurance salesperson under this Agreement in accordance with such standards of professional ethics and practice as may from time to time be applicable during the ... not been rated yet. Between A ___ Corporation, And ____ as Employee THIS AGREEMENT, entered into this ____ day of ____ , 199__ , by and between ____ (Agency), hereinafter referred to as "Employer," and ____ (Employee), hereinafter sometimes referred to as "Employee" . RECITALS I. Employer is engaged in the business of selling insurance. ____ Agency is an insurance brokerage company, organized under the laws of the State of ____ having its principal office at ____ . II. Employer has been engaged in and has had experience in the insurance business. III. Employee is willing to be employed by Employer, and Employer is willing to employ Employee on the terms hereinafter set forth. NOW, THEREFORE, IN ...

...nfortunate fact of life that an insurance agent does not have to do anything ...mpany checklist. Possible Signs of Insurance Company Instability Best...

... term of the Agreement, Employee shall not, without Employer's express prior written consent, directly or indirectly solicit or write insurance business to or for any other person or firm for compensation or engage in any activity competitive with or adverse to Employer's business or practice, whether alone, as a partner, or as an officer, director, employee, or shareholder of any other corporation, or as a trustee, a fiduciary, or other representative of any other entity. Making passive and personal investments and conducting private business affairs not inconsistent with this Agreement shall not be prohibited under this Agreement. &# 160 5. Professional Standards. Employee shall perform his or her duties as an insurance salesperson under this Agreement in accordance with such standards of professional ethics and practice as may from time to time be ... Corporation, &# 160 And ____ as Employee &# 160 THIS AGREEMENT, entered into this ____ day of ____ , 20__ , by and between ____ (Agency), hereinafter referred to as Employer, ' and ____ (Employee), hereinafter sometimes referred to as Employee' &# 160 RECITALS &# 160 I. Employer is engaged in the business of selling insurance. ____ Agency is an insurance brokerage company, organized under the laws of the State of ____ having its principal office at ____ . &# 160 II. Employer has been engaged in and has had experience in the insurance business. &# 160 III. Employee is willing to be employed by Employer, and Employer is willing to employ Employee on the terms hereinafter set forth ...

..., the issue was whether the ESOP trustees had caused the ESOP to purchase empl...tion figure. Not only that, but the trustees failed to determine whether the a...