GROUP
BENEFITS
01
As an employer, you make a significant investment in your employees. The benefits you provide play a major role in helping to attract and retain your best employees. Having employees is one of the most expensive parts of running a business. Because employees are often the most expensive part of running a business, it is critical to have an independent benefits consultant who is dedicated to your success, to ensure you are not overpaying or underinsuring.
The costs of employee benefits, made more complex by state laws and federal regulations, make employee benefits a challenging area. Your benefits package must be carefully designed by a well-informed consultant who can identify your specific needs, simplify your options, and insure that your plan meets all regulatory requirements. Prospero Benefits guarantees creative solutions to help you face real world challenges every day.
INDIVIDUAL
POLICIES
Health care costs continue to outpace inflation and the trend shows no signs of slowing. Often medical insurance will be an individual’s most expensive insurance policy, costing much more than home, auto or life insurance policies.
Health insurance is complex, and in the event of an accident, failure to carry appropriate coverage could result in financial ruin. In fact, the primary cause of bankruptcy or foreclosure in the US is unforeseen medical bills. However, despite the great risk, millions of American’s are un-insured. Conversely, many people are over-insured, paying high premiums for coverage they really don’t need. There are many solutions to the problems individuals and families face, but you need an independent expert who can help you identify your needs and find the appropriate policy.
The same goes for your home and auto insurance coverage. If you have been with the same carrier for years, it’s good to review your costs and options and make sure you are covered properly as personal circumstances often change, requiring adjustments to benefit levels and premiums. It is rare that we cannot find significant room for premium savings or greater value with an added level of benefits.
02
MEDICARE
BENEFITS
03
Becoming Medicare eligible can often feel like your mailbox is under siege, no matter how many Supplement and Rx flyers and pamphlets you read, you’re adrift with no real map to follow. You are left to wonder, what is Part A, B, D, Medigap, Medicare Advantage, and the list goes on an on. And don’t even mention trying to understand how these plans coordinate and work together and finally narrowing down the bottom line cost and avoiding any government penalties.
While Medicare has mandated a level of standardization in an effort to make shopping for Medicare Supplement coverage easier to compare and understand, it is still a time-consuming process. These relatively inexpensive gap fillers are essential to any retirement plan and can save you thousands. In addition, prescription drug coverage under part D has many gaps and is extremely complex, possibly leaving you with unforeseen expenses. We can help you determine if part D will cover your medications or if additional coverage would be of value. This is a project you don’t want to tackle on your own.
COMMERCIAL
COVERAGE
04
While lowering Workers compensation and Liability premiums for our clients is fundamental to our brokerage platform, this is not the only way we deliver value and protection to business owners. We start by reviewing your risk and then designing a program that fits your needs; we take that program design to quote in the marketplace, and finally bring back the best value solutions for your business.
Here are just a few examples of the lines of coverage that you might consider when designing a comprehensive commercial insurance program: Workers Compensation, General Liability, Property and Auto, Employment Practices Liability, Director and Office Liability, Cyber Liability, Business interruption insurance, Tenant’s Insurance, and the list continues. We make the insurance companies compete for your business and tailor a package that promises optimum value and protection.
RETIREMENT
401K
05
“If you fail to plan, plan to fail.” We utilize cutting edge technology allowing our consultants to accurately model your financial situation. Then, by applying realistic goals and events, we create a plan which will account for unforeseen events and market fluctuations. This ultimately allows our consultants to help you charter a straight course to a successful retirement. No matter your age or net worth, having a qualified financial planner is essential in creating a solid plan for success and having peace of mind.”
SERVICES
01
02
GROUP
BENEFITS
As an employer, you make a significant investment in your employees. The benefits you provide play a major role in helping to attract and retain your best employees. Having employees is one of the most expensive parts of running a business. Because employees are often the most expensive part of running a business, it is critical to have an independent benefits consultant who is dedicated to your success, to ensure you are not overpaying or underinsuring.
The costs of employee benefits, made more complex by state laws and federal regulations, make employee benefits a challenging area. Your benefits package must be carefully designed by a well-informed consultant who can identify your specific needs, simplify your options, and insure that your plan meets all regulatory requirements. Prospero Benefits guarantees creative solutions to help you face real world challenges every day.
INDIVIDUAL
POLICIES
Health care costs continue to outpace inflation and the trend shows no signs of slowing. Often medical insurance will be an individual’s most expensive insurance policy, costing much more than home, auto or life insurance policies.
Health insurance is complex, and in the event of an accident, failure to carry appropriate coverage could result in financial ruin. In fact, the primary cause of bankruptcy or foreclosure in the US is unforeseen medical bills. However, despite the great risk, millions of American’s are un-insured. Conversely, many people are over-insured, paying high premiums for coverage they really don’t need. There are many solutions to the problems individuals and families face, but you need an independent expert who can help you identify your needs and find the appropriate policy.
The same goes for your home and auto insurance coverage. If you have been with the same carrier for years, it’s good to review your costs and options and make sure you are covered properly as personal circumstances often change, requiring adjustments to benefit levels and premiums. It is rare that we cannot find significant room for premium savings or greater value with an added level of benefits.
03
MEDICARE
BENEFITS
Becoming Medicare eligible can often feel like your mailbox is under siege, no matter how many Supplement and Rx flyers and pamphlets you read, you’re adrift with no real map to follow. You are left to wonder, what is Part A, B, D, Medigap, Medicare Advantage, and the list goes on an on. And don’t even mention trying to understand how these plans coordinate and work together and finally narrowing down the bottom line cost and avoiding any government penalties.
While Medicare has mandated a level of standardization in an effort to make shopping for Medicare Supplement coverage easier to compare and understand, it is still a time-consuming process. These relatively inexpensive gap fillers are essential to any retirement plan and can save you thousands. In addition, prescription drug coverage under part D has many gaps and is extremely complex, possibly leaving you with unforeseen expenses. We can help you determine if part D will cover your medications or if additional coverage would be of value. This is a project you don’t want to tackle on your own.
04
COMMERCIAL
COVERAGE
While lowering Workers compensation and Liability premiums for our clients is fundamental to our brokerage platform, this is not the only way we deliver value and protection to business owners. We start by reviewing your risk and then designing a program that fits your needs; we take that program design to quote in the marketplace, and finally bring back the best value solutions for your business.
Here are just a few examples of the lines of coverage that you might consider when designing a comprehensive commercial insurance program: Workers Compensation, General Liability, Property and Auto, Employment Practices Liability, Director and Office Liability, Cyber Liability, Business interruption insurance, Tenant’s Insurance, and the list continues. We make the insurance companies compete for your business and tailor a package that promises optimum value and protection.
05
INVESTMENTS &
RETIREMENT
“If you fail to plan, plan to fail.” We have a separate website devoted to Investments & Retirement. To learn more, visit ProsperoAdvisors.com.