More employers, organizations, and associations than ever are providing group long-term care (LTC) insurance for employees or members. With today’s aging workforce, long-term care protection has become a very real concern. A group long-term care insurance plan can provide significant advantages for employers and employees, as well as tax incentives for small businesses. Get in touch with our agent at Kriner & Furlong Insurance Agency in Binghamton, New York, to discuss your company or group’s long-term care insurance needs.
Group long-term care insurance advantages include streamlined health underwriting and discounts. There can also be significant tax benefits for small businesses that offer long-term care insurance to their employees. In larger businesses, LTC insurance can be included in an employee benefits package as part of a strategy to recruit and retain the top talent, contain costs, and enhance employee productivity.
Employer-sponsored long-term care programs can be 100% voluntary, which means the entire premium is paid by the employee. When offered on a voluntary basis, LTC protection can provide significant benefits to employees at no cost to the company. Additionally, employer contributions to group long-term care premiums are deductible as a business expense.
Insurance companies offer premium discounts to employees, spouses, and extended family members on employer-sponsored long-term care insurance plans. Even when the program is 100% voluntary, a group long-term insurance policy can save significant amounts for employees. Contact our agent at Kriner & Furlong Insurance Agency in Binghamton, New York, for assistance in providing this important benefit to your employees or members.
Kriner & Furlong Insurance Agency offers free, comparative quotes on Group Long-Term Care (LTC) Insurance from multiple insurance carriers so you can get the best possible rate.
Want to see how much we can save you? Just request a quote to find out.
Insurance products are offered through the following insurers: Allegany Co-op Insurance (Cuba, NY); American Bankers (Assurant Specialty Pro) (Scottsdale, AZ); Broome Co-operative Insurance (Vestal, NY); Eastern Mutual (Montpelier, VT); Foremost Insurance (Carol Stream, IL); Hagerty Insurance (Traverse City, MI); Lancer Insurance (Long Beach, NY); Midstate Mutual Insurance (Auburn, NY); The Progressive Corporation (Mayfield Village, OH); The Main Street America Group (Jacksonville, FL); Utica National Insurance Group (New Hartford, NY); and other unaffiliated insurers.
Insurance services are provided by an independent insurance agency. Kriner & Furlong Insurance Agency and its producers are licensed in the states where services are offered. License numbers are available upon request. Availability, eligibility, and coverages may vary by state. Not all products are available in all states.