Multi-life and executive long-term care: insurance portability of LTC
By Steve Savant
Most employees are not going to work forever. There will come a day when they retire, and having a long-term care policy from a multi-life benefit program allows portability when they retire. Some true group plans are not portable. Portability is a significant advantage for departing employees who enter retirement with existing coverage. Steve and Maria espouse the advantages of policy portability of multi-life group plans.