Long Term Care Insurance as Part of Executive and Business Planning |
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.
Business owners 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 may be deductible by the company.* Your tax advisor can help provide guidance as to the tax benefits available in your specific circumstances.
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.
*Not intended as tax advice
Long Term Care Insurance underwritten by Genworth Life Insurance Company and in New York by Genworth Life Insurance Company of New York. Administrative Office: Richmond, VA.
48912 02/10/11
