An Evolution of Flexible Multi-Life Plans at a Discount to Employees
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MedAmerica & LTC Financial Partners Announce a Broad Suite of Long-Term Care Insurance Products for the Workplace
On the Heels of UNUM's Decision to Stop Marketing Group LTC Plans to New Customers, the New Program Fills a Growing Need for Flexible Protection of American Employees
MedAmerica Insurance Company (MedAmerica) and LTC Financial Partners, LLC (LTCFP) announce a distribution agreement to make a broad suite of long-term care insurance products available at reduced underwriting and multi-life discounts to employees.
Bill Jones, President of MedAmerica states, “it is a quantum shift from one type of LTC employee benefit to another. The traditional group plan is being outpaced by new Multi-Life LTC insurance, which is more flexible and fine-tuned for modern organizations.”
The new policy suite is called LTC Complete Worksite Solutions. MedAmerica is the carrier and provides the underwriting, claims management, and support. LTCFP, with more than 500 agents nationwide, is the distributor for this program.
The suite will be marketed by LTCFP’s Worksite Division, which in turn will work with benefit brokers that supply a variety of employee benefits such as major medical, dental, and 401k retirement plans.
Rapidly expanding, LTCFP’s Worksite Division is currently seeking
LTC brokers and agents, as well as alliances with benefit brokers.
