Corporate Insurance

Whether it is a small home-based enterprise or a large corporation, your business depends on hard work and ingenuity. We understand that the key to protecting all the effort and money you have invested in your business if disaster strikes is an insurance plan tailored to your needs.

Business Continuation Based Insurance

Key Person Insurance

  • Key person insurance can cushion the adverse financial impact when a key employee is unable to participate in the business.

Buy-Sell Agreements

  • Buy-sell agreements can help alleviate the threat to the business and concerns of survivors if an owner passes away.

Life Insurance

When your employees have dependents or other people with whom they share their lives, life insurance can play a vital and valuable role. We can help you make smart choices when selecting a life insurance plan for yourself or your employees.

Loan Guarantee Policies

Taking out loans is a reality of modern business. Sometimes your lender may request that the loan be protected with an insurance policy that ensures the loan will be paid, in the event of an untimely death.

Disability Insurance

Disability insurance protects your employees by providing income when they are unable to work because of an accident or illness.

Long-Term Care Insurance

Long-term care insurance pays for services to help individuals who are unable to perform certain activities of daily living without assistance, or who require supervision due to a cognitive impairment such as Alzheimer’s disease.

Health Insurance

The rising cost of medical care and the resulting pressure on health insurance premiums makes health insurance a top priority for you and your employees. We can help you explore your options in an increasingly complex and constantly changing health care system.

High Deductible Health Care Plans

High Deductible Health Care Plans or HDHPs are becoming more common throughout Central New Hampshire as employers work to provide health insurance to their employees in a world of ever-increasing costs. HDHPs are often associated with Health Savings Accounts (HSAs), which are designed to help individuals save for future qualified medical and retiree health expenses on a tax-free basis. For more information about HSAs, please read the information in the box below.

Meeting with the Investment Services Team is without obligation or cost.
Not FDIC Insured Not Bank Guaranteed May Lose Value
Not a Bank Deposit Not Insured by Any Federal Government Agency








Health Savings Accounts

With healthcare costs continuing to rise in the U.S., many employers have been forced to reduce health benefits, shift more costs to employees or drop coverage entirely. Less than two-thirds of all employers now offer health insurance to their employees and many self-employed people find it challenging to provide coverage for their families.

Meredith Village Savings Bank offers a solution to the problem by providing Health Savings Accounts – tax-advantaged, interest-earning accounts established exclusively for the purpose of paying or reimbursing qualified medical expenses. Authorized by the Medicare Modernization Act of 2003, Health Savings Accounts (or HSAs, as they are commonly called) can help raise consumer awareness of the real costs of health care and give individuals greater decision-making control over their medical spending.

HSAs allow account-holders and family members to write special checks – or use a special debit card – to pay medical bills that are not covered by their health insurance provider. A high deductible health plan is required to open a health savings account.

The Benefits of HSAs include:

  • Security – With high deductible insurance and an HSA you are better equipped to deal with high or unexpected medical bills
  • Affordability – You may be able to lower your health insurance premiums by switching to health insurance coverage with a higher deductible
  • Flexibility – You can use the funds in your account to pay for current medical expenses, including expenses that your insurance may not cover, or save the money in your account for future needs, such as:
    • Health insurance or medical expenses if unemployed
    • Medical expenses after retirement (before Medicare)
    • Out-of-pocket expenses when covered by Medicare
    • Long-term care expenses and insurance
  • Savings – You can save the money in your account for future medical expenses and grow your account through investment earnings. Plus once you turn 65, you can use your HSA for all expenses – not just “qualified medical expenses”
  • Control – You make the decisions about:
    • How much money to put into the account
    • Whether to save the account for future expenses or pay current medical expenses
    • Which medical expenses to pay from the account
    • Which company will hold the account
    • Whether to invest any of the money in the account
    • Which investments to make
  • Portability – Accounts are completely portable, meaning you can keep your HSA even if you:
    • Change jobs
    • Change your medical coverage
    • Become unemployed
    • Move to another state
    • Change your marital status
  • Ownership – Funds remain in the account from year to year, just like an IRA. There are no “use it or lose it” rules for HSAs
  • Tax Savings – An HSA may provide triple tax savings:
    • Tax deductions when you contribute to your account
    • Tax-free earnings; and,
    • Tax-free withdrawals for qualified medical expenses Consult your tax advisor for more information on how these benefits may apply to you

Find out more...

To find out which savings options are right for you, please contact us in the way that is most convenient for you:

  • Secure email form
  • On weekday business hours, call 800.922.6872
  • We also have convenient evening and weekend hours in many of our offices. For a full listing of locations and phone numbers, click here
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