Health and Retirement - Daly-Merritt, Inc.

Daly-Merritt is proud to offer our clients the services of a division dedicated exclusively to our client needs in the Life and Benefits area. As such, we maintain markets with some of the nation's top insurance companies for the benefit of our clients. Benefits are available for business owners and their employees (i.e., group plans), or for individuals and their families (i.e., individual plans). Our premiums are clearly among the most competitive available, as evidenced by this Division's steady and substantial growth during the last two decades.

In addition, in the areas of Life Insurance, Long Term Care, and Estate Planning, Daly-Merritt is proud to be the only independent insurance agency in the State of Michigan that is able to provide the full resources of not one, but two particular insurance carriers with the very highest financial ratings. These key markets are important where only six of over 1,400 insurance companies have earned the very highest financial ratings from each of the major rating agencies, namely:

AM Best: A++

Standard and Poor's: AAA

Moodys: AAA

Duff and Phelps: AAA

This added level of financial security exclusive to Daly-Merritt speaks volumes about our steadfast commitment to premier quality insurance plans with competitive premiums for the benefit of our clients.

LIFE
Daly-Merritt offers both individual life insurance as well as group life insurance for our many clients. Our individual life insurance offerings include quality life insurance carriers, with among the most competitive premiums in the nation. In addition, we offer at least four distinct types of permanent insurance, with several policies guaranteeing premiums for our client's lifetime. Individual life policies are also available in the corporate market, including the availability of specialty corporate-owned policies for Key-Person insurance.

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HEALTH

Daly-Merritt is able to act as agent of record for group health insurance for clients with existing group plans, who desire more knowledgeable and local service. Daly-Merritt is proud to be an authorized agent for Blue Cross and Blue Shield of Michigan Health Benefits Company; Health Alliance Plan; SelectCare; PPOM; M-Care; OmniCare; as well as various other group health insurance carriers and networks.

This extensive background in the group medical market can pay immediate dividends to our clients in the form of lower premiums, a better understanding of their existing group medical program, prompt and attentive service, and other value-added programs for the benefit of both the business owner and employees. In addition, individual health insurance is available on both a temporary and a permanent basis. Importantly, many of our group carriers have no medical questions during the underwriting process, allowing for a smooth transition regardless of preexisting medical conditions.

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DENTAL
Group dental insurance is available as either a rider to an existing group medical program, or on a stand-alone basis, depending on the group size. Our group plans are very competitive, and include virtually every major dental insurer. Individual dental plans are also available on a more limited basis.

DISABILITY
Daly-Merritt represents many of the top markets in this area, and insures groups of all sizes. Group disability programs are available under both an employer pay-all program, as well as an employee pay-all program (i.e. voluntary disability.) In addition, individual disability insurance is available, including superior individual plans with high benefit levels specifically designed for professionals and/or business owners. Individual disability benefits can be designed to supplement income, with benefits as low as $250 per month and as high as $25,000 per month. In addition, our specified illness plans can pay immediate benefits of up to $2,000,000 for certain disabling illnesses including heart attack, stroke, cancer, bypass surgery, angioplasty, organ transplant, Alzheimer's Disease, multiple sclerosis, renal failure, paralysis, blindness, or deafness.

ESTATE & BUSINESS PLANNING
The Daly-Merritt Estate Planning process involves a personal interview and fact gathering process with professionals and business owners with estates near or exceeding $650,000 for an individual, or $1,300,000 for a couple. We will work closely with your existing attorney and/or accountant in designing a plan that will minimize estate taxes in the most cost-effective methods possible. In addition, we have available certain copyrighted documents that can assist your attorney in this area. We are often recommended by attorneys because of our extensive agency and insurance company resources.

Business owners appreciate the use of our insurance carriers copyrighted documents to complement their attorneys' efforts in drafting plans for the retention and benefit of long term dedicated key employees. These plans allow a business owner or not-for-profit entity to allocate specific annual contributions for the benefit of key employees. The employee is rewarded if they remain until retirement, but would forfeit all benefits if they depart the organization prematurely. Daly-Merritt Business Planning combines our superior quality insurance carrier resources with our extensive industry experience. Our network of planners can assist business owners in designing plans to enhance the long-term value of their business.

LONG TERM CARE
Because we represent as least five quality Long Term Care insurance carriers, and because two of these five carriers have the very highest financial ratings in the industry, this is another area where Daly Merritt, Inc. offers our clients greater value. Our sophisticated Long Term Care quotation system allows us to quote over 120 different plan options for each clients' consideration, and our industry background and consulting process will then help our client to "narrow the field" to the insurance company and plan design that best fits their needs. Importantly, Daly Merritt, Inc. offers both qualified Long Term Care plans and nonqualified Long Term Care plans, and we can explain the benefits of each approach.