Corporate Sponsored Benefits
A greater focus on corporate sponsored benefits is an important and emerging trend today. Through this practice, corporations offer one or more benefits, such as supplemental disability or long-term care insurance, to executives. Executives can purchase individual policies, at or near group rates. In addition to identifying and selecting plan providers, the corporation may also provide direct financial assistance on these purchases.
The executive is able to cost effectively obtain an important, personalized benefit. The corporation mitigates its expense and administrative related work, cost effectively addressing important financial issues for the executives.
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