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An organization needs capable leaders in place to succeed. To attract and retain the best talent, compensation packages must be competitive with, or superior to that of competitors, and it is not just about salary. Additional selective coverage may provide incentive to key executives:
Significant additional life insurance can be provided to key employees using a tax favored bonus plan, for both term and permanent protection. These plans may also be used for supplemental retirement planning.
Group Long Term disability plans generally do not provide the same level of benefit to the highly compensated as they do lower paid employees. Executive supplemental plans can be used to correct this discrepancy.
Long Term Care
With as few as 3 executives, plans can be designed for key executives providing this protection on a tax favored, discounted basis.
Please contact us to see how can craft an executive benefits plan to attract and keep the best talent.800-238-3840