BOSTON-- John Hancock has launched a new long-term care insurance (LTCI) program called Corporate Solutions for the small business market to help provide individual LTCI at the worksite in the way that best suits employers' and employees' needs.
Corporate Solutions features two main options; both have many of the same benefits but each option has differences tailored to address the kind of plan a business specifically wants to offer. One option, designed to attract and retain the top executive, is an employer-paid program featuring LTCI with robust benefits and a highly streamlined application process. The other, designed for businesses wanting to offer LTCI as an employee-paid benefit, highlights features such as portability, dependent coverage, and easy billing via payroll deduction.
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