LTC Smart™ - The COSE Sponsored Long-Term Care Insurance Program from The Todd Benefits Group Inc.
Long-term care is the service and support required for daily living when a physical or mental disability prevents you (or your family members) from caring for yourself. Care can be provided in a nursing home, assisted living facility, adult day care or in-home care. If you are a business owner who wants to protect your assets, receive tax credits and cover your loved ones in the event that they need at-home care or nursing home care in the future, COSE’s long-term care insurance may be right for you.
According to the U.S. Department of Health and Human Services, 70% of those who reach age 65 will require long-term care services at some point during their lifetime at costs that average $75,000 a year!
The LTC Smart™ Program
COSE, along with preferred partner The Todd Benefits Group (TBG), offer the Long-Term Care Insurance (LTCI) benefit as part of the LTC Smart™ Program. The program includes vendors the John Hancock Life Insurance Company and MetLife continues to provide coverage. John Hancock enables TBG to develop programs from the carrier that will best suit the needs of individual policyholders based on their personal demographics and budget .
This unique and valuable program provides COSE members with a new, customizable solution to fit the Long-Term Care needs of small business owners and their families. TBG will work with you to construct an efficient and cost-effective program, and to educate you about the tax advantages that you may qualify for.
As a COSE member, you will benefit from a group sponsored discount on your customized Long-Term Care plan.
(This could be a 5% or 10% discount depending on the program chosen)
With today’s economic environment, it is more important than ever to protect hard-earned retirement savings against the possibility of needing long-term care. Health and disability insurance do not cover these costs. Long-Term Care insurance can allow you to use your retirement savings for the purpose it was intended for – Your Retirement.
Call 1-888-928-COSE to speak with Todd Benefits Group. A benefits specialist will:
- Help you design a plan to maximize the tax advantages for you business and personal needs.
- Help you determine the best underwriting strategy for you and/or your employees.
- Help you complete the application process.
- Act as your claimant advocate should you need help in the claims process.
Click here for the Todd Benefits Group’s premier interactive website for long-term care information with full enrollment and application capabilities.
COSE is your complete small business benefits partner.
For more information on COSE Health Insurance call 216.592.2355.