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Long Term Care Insurance as Part of Executive and Business Planning

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Long term care may be one of the largest and most expensive issues on the horizon for American businesses. The financial impact of a long term care need increases every year, and may effect the employer with lost productivity, or even lost wages for employees.

Long term care insurance is one of the newest employee benefits offered by businesses to attract and retain top performers, and it’s becoming a popular way for owners of small businesses to reward key people and retain their loyalty.

Owners of businesses may also benefit from the favorable tax treatment afforded long term care insurance. In many cases, the premium paid by the company for an owner and/or spouse is fully deductible by the company. *Your tax advisor can help provide guidance as to the tax benefits available in your specific circumstances.

Our MultiLife and MultiLife Plus programs offer premium discounts and simplified underwriting for the applicants of companies that qualify.

Educational workshops on the issues surrounding long term care and the benefits of long term care insurance are available for your employees at no cost or obligation.

Also offered at no cost to you or your employees is membership in the Momentum Wellness Program. We help you and your employees to take a holistic approach to health and well-being by offering a complimentary monthly e-newsletter and an informative web site with links to Wellness partners, many of whom offer special discounts and offers to Momentum Wellness Program members. Click here to view a Momentum Wellness Program brochure.

*Not intended as tax advice

44330: 12-12-07

 
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