Disability Insurance Should Be A Part of Your Business Owner Clients Paid Leave Strategy
Benefits are a key differentiator in the job market. A
2017 report by SHRM found that nearly 1/3 of organizations increased their benefit offerings over the past 12 months to remain competitive in the talent marketplace.
Important Notice: Protective Discontinues ProClassic UL Conversions
Protective recently announced the discontinuation of ProClassic UL conversion applications on June 29, 2018. This change moves the available products for West Coast Life and Protective conversions to 2010 (originally 2008) to access the "expanded” conversion portfolio.
The Internal Revenue Code Section 1035 allows the exchange of an existing life insurance or annuity contract for a new long term care insurance policy, without paying tax on the investment gains earned in the original contract. These transactions are often referred to as a “1035 exchange."
