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
We deliver a proprietary company-paid LTC plan.
Long-term care benefits are received income tax-free.
The LTC plan protects your retirement accounts and other assets
Delivers substantial benefits with minimal impact to corporate earnings or cash flow.
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.
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.