The dedicated team of professionals at Benefits Assistance Management Group (BAM) and Commonwealth of Atlanta, LLC handle all aspects of personal and commercial insurance coverage for companies. (Partnerships) helps you choose the right coverage and implement the right strategies that each company needs in order to maintain a long-term, cost-effective commercial insurance program. Today’s employee benefits is both dynamic and complex. In order to remain competitive in today’s marketplace, your benefits plans should be comprehensive enough to attract, retain, and reward your employees. We want to help our clients plan ahead to see where their clients are and create a better outcome now and into the future. For this reason, we offers a wide range of services.
Insurance Coverages

BUSINESS & EMPLOYEE COVERAGES

KEYMAN POLICY

Key person insurance or key employee insurance is coverage that will protect a company in the case of an untimely death or disability. Providing assurances to business owners and shareholders alike continue operations without major disruption or business interruption.

BUY-SELL AGREEMENT

A buy-sell agreement is a legally binding contract which protects the interest of the company's owners and permits that business to continue in the event of the death, disability, or retirement of a business owner. By auditing or preparing a buy-sell agreement, when drafted, a buy-sell plan can be thought of as a written agreement to help business navigate a successful business transition.

DISABILITY INSURANCE

If a business owner becomes disabled due to injury or sickness, there will not only be a personal loss of income but there will likely be significant consequences to the company. Business expenses and operations costs will not stop when a disability strikes a business principal. Business overhead expense (BOE) insurance is designed to reimburse the company for certain business expenses if the business owner is disabled.

COMMERCIAL COVERAGES

RISK MANAGEMENT

In order to protect your assets, it is important to develop an effective program to manage all of your risks. Commonwealth of Atlanta is prepared to assist you in achieving this goal. Our team of consultants can analyze your situation, customize and develop loss control and risk management programs that will benefit you and your organization.

GENERAL LIABILITY

Provides coverage for an insured when negligent acts and/or omissions result in bodily injury and/or property damage on the premises of a business, when someone is injured as the result of using the product manufactured or distributed by a business, or when someone is injured in the general operation of a business. General Liability Insurance should be at the foundation of a company's insurance portfolio. We can assist in selecting a liability plan that is a perfect fit for a company's needs.

SURETY BONDS

From global enterprises to contractors, to individuals, we provide surety bonds that fit each company's need and comply with various laws protecting public funds. As your partner in business, (partnership program) utilizes some of the best surety companies in the industry in order to provide reasonably priced surety bonds that protect the company and business.

UMBRELLA AND EXCESS LIABILITY

Umbrella policies offer additional protection for catastrophes, unusual exposures, and additional liability limits beyond underlying insurance coverages.

Additional Services

  • Business Continuation
  • Disability Income
  • Disability Insurance Planning
  • Long-Term Care Planning
  • Life Insurance Planning Will and Trust Planning** Estate Creation
  • Cash & Income Needs Planning
  • Survivorship
  • Estate Planning Strategies
  • Tax Minimization Strategies
  • Distribution Planning Will and Trust Planning** Liquidity Planning Charitable Giving
  • 401(k) Plans Split Dollar Plans
  • Deferred Compensation Plans
  • Group Insurance Sick Pay Planning Pension Plans Profit Sharing Plans
  • Fringe Benefits
  • Investments*
  • Mutual Funds College Planning Strategies
  • Retirement Planning Annuities
  • Tax Advantaged Strategies
  • Asset Management Programs
  • Portfolio Analysis