You value your employees. You offer them and their families benefits designed to ensure their good health and financial security. The one area you may not have addressed is helping your employees preserve their wealth today and into their retirement years if a long term care crisis occurs.
When families face the need for long term care they will encounter significant financial, physical and emotional stress. Helping employees plan ahead by educating them about long term care and providing an affordable, effective solution can be a great value for your employees. Long term care insurance pays benefits for care received at home as well as assisted living and skilled facilities.
Including long term care insurance in your employee benefits package can be through a voluntary, part employer paid or fully employer paid plan. This valuable benefit can help preserve your employees’ assets for their families’ and their own future. It can be an innovative way to reward and retain key employees. It is possible to offer this benefit only to key employees based on their length of service, executive position, age or defined role within the company.
Talk with us at Baygroup Insurance about the possible tax advantages, simplified underwriting, and group discounts that are available to you. We listen. We educate. We advocate.
Some questions you may want to consider: