Employee Benefits
Group Long Term Care Insurance
What is it?
At its most basic, Long Term Care Insurance protects families, lifestyles and assets from high cost associated with a long-term care. Increased life expectancies, changing households, the economy and the continued strain on Social Security have increased the focus on, and the concern about, long-term care issues. LTC policies provide coordinated services and money for the expenses derived from home health care, adult day care, respite care, assisted living facility care or nursing home care.
Why does your business need it?
Long Term Care Insurance represents a significant opportunity to strengthen your benefits package. Additionally, it can serve as a tool to recruit, retain and reward key employees. It's likely that the problem of long-term care is already having a significant impact on the productivity of your company and the personal lives of your employees.
When should you buy it?
As with most insurance, the best time to purchase is when you are young and healthy. Most significant to business owners is the flexibility to purchase this only for themselves and their key executives without violating anti-discrimination laws, or as a voluntary benefit for your employee population.. Furthermore, business can take a 100% tax deduction on premiums paid by the business for employees and their spouses and the benefits are generally received tax free.
Why Trinity Brokerage?
Trinity Brokerage is uniquely qualified to help you and your business satisfy your insurance needs. We search the marketplace for best-in-class providers to bring you tailored solutions for your business protection plan. We pride ourselves in providing outstanding personalized service. For more information please contact us.