About Us
For over 30 years, Bancover Insurance Services has been helping business owners and their employees save time and money with the Shared Benefits Plan™.
Established in 1990, the Shared Benefits Plan (SBP), was sold exclusively to a large national bank's business clients in Southern California. As interest grew in SBP, Bancover Insurance Services quickly expanded services to non-bank customers and by the early 2000s, insurance brokers were recommending Bancover Insurance Services and SBP to employers throughout the state.
Unlike other generic Premium Only Plans, SBP ensures all eligibility criteria are met and that effective dates comply with IRS rules by maintaining this information throughout the plan years purchased.
Since its inception, thousands of business owners have utilized the SBP. Rely upon Bancover's industry experience and let the professional staff assist you with a Section 125 Premium Only Plan today.