If most of your employees feel young, healthy, and confident, may not think they need long-term care. But as an employer, this is precisely the time to help and encourage them to plan for the future.
Long-Term Care (LTC) Insurance is, perhaps, the most overlooked benefit in the market, despite its ability to protect the financial future of employees and provide ample tax deductions to companies. With the rising costs of nursing home care, home health care, and daily adult care for those with chronic or disabling conditions, people need LTC Insurance now more than ever. By providing an employer-sponsored LTC insurance, you can protect your employees’ retirement plan and ease the burden on their family members.
Long-term care insurance needs an in-depth understanding and calls for a carefully formed employee education. That said, it’s critical for employers to partner with experienced firms that will not only make things easy but, more importantly, guide them to the right decision.
Our financial advisers here at Bennett and Porter can help you weigh the costs and benefits of the coverage in the context of your financial picture. We will try our best to shed light on any confusion you may have about the policy.
When you’re ready, give us a call!