This insurance helps companies recover lost income and cover ongoing expenses if their operations are disrupted due to a covered event, such as a fire or natural disaster.

If a corporation owns vehicles for business use, commercial auto insurance is necessary to cover accidents and damage to the vehicles.

In an increasingly digital world, this insurance helps protect against the financial consequences of data breaches, cyberattacks, and other cybercrimes. It covers costs associated with data recovery, legal fees, and notifying affected parties.

D&O insurance protects the personal assets of a company's directors and officers from personal liability for decisions they make on behalf of the corporation. It can also cover legal defense costs.

This coverage protects against employee theft, embezzlement, or other fraudulent activities within the company.

This includes health insurance, life insurance, disability insurance, and other benefits offered to employees as part of their compensation package.

Companies involved in environmentally sensitive industries may need this coverage to protect against the financial consequences of environmental damage or pollution.

This type of insurance covers physical assets such as buildings, machinery, equipment, and inventory against damage or loss due to events like fire, theft, or natural disasters.

For multinational corporations, coverage may be needed for international operations, including foreign liability, travel insurance for employees, and political risk insurance.

Liability insurance protects a corporation from legal claims and financial losses arising from injuries, accidents, or damage caused to third parties by the company's products, services, or operations. This can include General Liability, Product Liability, and Professional Liability insurance.

This covers disruptions in the supply chain that can result from various factors like natural disasters, supplier issues, or transportation problems.

These are financial guarantees that ensure a company will fulfill its contractual obligations. They are often required in construction and other industries.

Workers' compensation insurance is required in many jurisdictions and provides coverage for employees who are injured or become ill while performing their job duties. It covers medical expenses, lost wages, and rehabilitation costs.

An annuity is a contract between an owner and an insurance company to provide a stream of retirement income at some point in the future. There are three primary types of annuities with differing risks and benefits:

• Fixed Annuities
• Indexed Annuities

KLR Insurance Advisors use their expertise to navigate through the complexities of these contracts and identify contractual terms that may have an adverse impact on your retirement income.

A disability can occur at any time and the probability increases with age. A disability event can occur during peak earning years when individuals are funding their retirement plans.

KLR Insurance Advisors can work with you or your company to design a disability income coverage plan that protects your livelihood should a disability occur.

Life insurance is a key financial asset that serves a wide variety of purposes. Our advanced life insurance planning encompasses four specific categories:

• Business Succession Planning
• Wealth Transfer and Estate Planning
• Supplemental Executive Retirement Plans
• Charitable Giving

Long Term Care (LTC) insurance provides income for the cost of care, protecting accumulated wealth. It encompasses a wide range of supportive and health services required when an individual suffers from a long-term disability or illness. Medical insurance covers hospitalization but not assistance with daily activities such as getting dressed, eating or bathing. Assistance for these services can be very expensive and many people choose to protect against the risk by purchasing Long Term Care coverage.