Executive Benefits
Increasingly, corporations are looking for ways to attract, retain and reward their key executives. Our Executive Benefits Practice can provide guidance and expertise in creating a customized plan to meet your needs through the use of programs such as:
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Key Person Life and Disability Coverage
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Deferred Compensation Plans
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Executive Carve-Out Long Term Care Insurance
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Endorsement Split Dollar Arrangements
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Section 162 Bonus Plans
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Restricted Executive Bonus Arrangements
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Corporate Owned Life Insurance (COLI)
Business Continuity
What happens when a business owner becomes disabled or passes away? Longfellow Benefits can provide simple solutions through:
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Succession Planning
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Buy-Sell Funding Mechanisms (Entity or Cross Purchase)
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Buy-Sell Disability Insurance
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Disability Overhead Expense Coverage
Supplemental Employee Benefits
To create parity within their benefits platform, more and more companies are providing supplemental insurance options to their executives to compliment the group programs. Longfellow Benefits is well versed in:
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Employer Sponsored Supplemental Life Insurance
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Employer Sponsored Supplemental Disability Insurance
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Employer Sponsored Individual Long Term Care Insurance
Estate Planning
The ultimate purposes of estate planning are to ensure that the ongoing needs of the survivor(s) are met, to provide for immediate lump-sum cash needs and to minimize estate tax costs. Longfellow Benefits has a wide knowledge to assist with this planning that may include the use of: