Key Person Long-Term Care Plan
We provide our corporate clients with a fully insured plan designed to allow the company to fund annual premiums to deliver pre- and post-retirement tax-free long-term care benefits for its key employees at a minimal corporate cost.
LTC Solution Guide
Fund a long-term care benefit plan with minimal impact to corporate earnings or cash flow
File 4152223.1
We deliver a proprietary company-paid LTC plan.
Tax-Free Benefits
Long-term care benefits are received income tax-free.
Protect Retirement
The LTC plan protects your retirement accounts and other assets
Recover Costs
Delivers substantial benefits with minimal impact to corporate earnings or cash flow.
70%
of Americans age 65 and older will need some form of long-term care in their lifetime.
2015 Medicare & You, Centers for Medicare and Medicaid Services
Plan Implementation Steps
Plan Census & Design
Finalize the plan participants; analyze premium funding options; review financial impact of claim scenarios.
Plan Docs & Underwriting
Review and execute plan documents; automated underwriting for plan participants; issue the insurance policies.
Issue Policies
Pay (or wire) premium; allocate premium per investment policy; deliver plan summary to participants; quarterly financial reporting.
Preserve Assets & Protect Income
Long-term care is a highly valued and visible benefit to key employees. A company-paid long-term care plan allows key employees to protect this financial risk in retirement.