UbcNews

You’ve got great plans for your engineering company, but what happens to your business if something bad happens to you?

The good news is that Ornellas Insurance has a solution that will secure your business even if the unthinkable happens. If you haven’t added business loan guarantees to executive benefits yet, now is a great time to learn about it!

CEO Helen Ornellas says this plan ensures that should you pass away or become incapacitated, the policy will cover your unpaid loans. This reduces your company’s exposure to financial risk and prevents disruptions.

In addition, having a business loan guarantee as part of life insurance can make it easier for your engineering firm to secure loans. This is especially helpful if your company is looking to expand its operations or invest in equipment.

Industry data shows that construction projects in Sacramento and nearby locales amounted to $7.2 billion in 2022 alone. The growing number of available projects provides your engineering firm with an attractive opportunity to grow its bottom line.

Most likely, however, your engineering firm needs to take out a loan to expand its manpower or upgrade its technological capability to complete ambitious projects. Business loan guarantees provide you with additional peace of mind, as debt repayments won’t have to be taken out of your company’s coffers should an untoward event happen.

Ornellas adds that business loan guarantees are especially helpful if you have a newer construction firm that does not yet have an extensive credit record. With the surety that such a plan offers, you can qualify for larger loans than you would otherwise receive.

You may personalize your life insurance policy with other benefits such as income protection, buy/sell agreements, and long-term disability coverage, among others. Sales personnel can also assist you in finding the most affordable mix of coverages geared specifically for the engineering industry.

Ornellas says: “Construction is a growth sector in California and we understand that your engineering firm is eager to get a slice of the lucrative pie. For this reason, we offer upgraded plans that help you worry less about debt repayments and focus more on doing outstanding work.”

About Ornellas Insurance The agency has over 20 years of experience in the insurance industry. To date, it has helped over 10,000 individuals and entrepreneurs get affordable yet comprehensive financial protection. It caters to clients throughout California, including those in Roseville, Folsom, Sacramento, and Fair Oaks.

No crystal ball can tell you what the future holds. But business loan guarantees from Ornellas Insurance can help your business prepare for any eventuality.

Click the link in the description for more details. Ornellas Insurance City: Woodland Address: 239 W. Court Street Bldg. B Website https://ornellasinsurance.com/executive-benefits/ Phone +1 916 804 9888 Email helen@ornellasinsurance.com