Securing Business Succession and Liability Coverage Through Strategic Life Insurance Audits

Daniel Boute (00:00) CorpStrat has really helped us with our succession plan in sense of making sure that we have all of the liabilities for - frankly, the former partners were taken care of through life insurance policies. Auditing those policies, maintaining the policies, and making sure that we always had the proper insurance, the coverage. Hi, I'm Daniel Bouté, I'm the principal managing partner of Shelter Mechanical. We are a mechanical HVAC contractor, and we've been involved with Corporate Strategies for going on 20 years. We are a family-run business, so making sure that succession plan is in play, and they have good products that are long term, and produce the proper results, and CorpStrat has been very strategic and very timely to make sure that that's always been in place. Well, I'm very blessed to have access to one of the key people over there at the top, which is Marty - Marty Levy. And he has been nothing but stellar. He's always very forthcoming. Just really being patient to explain the products, explain the ups and downs and the different nuances of those products, so that the right product is selected. He's always been very forthcoming on any questions I may have with them. His other staff is always very timely, follows up on everything that we need. We have, I think, some other product - medical insurance, things like that - through them. So we're very pleased with the professionalism, and them understanding the plethora of products that are out there, getting us that information, and assisting us to get the right product. I would tell you that because of their longevity and familiarity with the market, to me, they're a higher level firm. We need to know and we need to make sure we're protected because the risk that's out there is so high anymore in the business CorpStrat knows clearly what they're doing. They are going to give you the right selection of products that you can select with their input because you will give them questions and, hence, they'll provide their input back on those questions.