CLICK HERE TO READ ABOUT LONG TERM CARE INSURANCE
Long Term Care (LTC) is still a new type of Insurance coverage, but it is even newer as an Employee Benefit.
It goes without saying that you want to select a Long Term Care carrier with strong financial ratings and claims paying ability. The Guard Group works with all of the top Long Term Care carriers to make sure the coverage you purchase will be there when you need it.
The other important topic to discuss is plan design. Many of our clients have started using Long Term Care Insurance as an Executive Benefit or Executive Carve-out program to attract, retain and reward key executives. Since so many people are aware of potential Nursing Home costs and the benefits of having Long Term Care Insurance, the response has been overwhelmingly positive.
Offering a Tax-qualified Long Term Care plan can provide some significant tax advantages to the Employer.
A Voluntary Long Term Care plan is an excellent way to make Long Term Care Insurance available to a large number of employees without increasing the companies’ Employee Benefits budget.
Employees can benefit from several key aspects of a Voluntary Long Term Care plan.
Voluntary LTC plans typically offer:
- Lower premiums
- Simplified Underwriting or Guaranteed Issue
- Portability
- Ability to purchase coverage for a spouse or dependent
- Plan design flexibility (Purchase the amount of coverage you need)
Work with The Guard Group, Inc. to discover how to incorporate Long Term Care into your Employee Benefits program.
Let us show your company:
- New plan designs
- Multiple plan design options
- Cost saving features
- New Insurance Companies and Programs
CLICK HERE TO REQUEST MORE INFORMATION ON LONG TERM CARE
Securities and Investment Advisory Services offered through Allegheny Investments, Ltd., member FINRA/SIPC. Stone Quarry Crossing, 811 Camp Horne Road, Suite 100, Pittsburgh, PA 15237 (412) 367-3880. Neil Merrell, Allegheny Investments Registered Representative. Allegheny Investments, Ltd. is not an affilitate of The Guard Group. |
