Client Solutions
Corporate Compensation Plans not only acts as a cost-effective broker for its clients, but it custom designs innovative insurance products. Here are some examples:
- Working with the major group insurance carriers, CCP designed the special 401kSecure® Program that continues contributions directly into employees' 401k accounts when they are disabled. As a result, their retirement assets can grow just as if they were working.
- CCP designed – and administered – a special group life insurance plan for one of the largest insurance companies in the country. The plan was an outstanding success and was adapted by almost every large law firm as well as by many banks and investment firms.
- CCP, working in conjunction with a major surplus lines insurance carrier, has designed a special lump-sum disability insurance policy for highly-compensated employees to supplement their group disability coverages.
- CCP created CCPiNSURE, a leading online source of life insurance quotes and disability insurance quotes and income protection for individuals. We aim to find the right fit and the right price for each client's unique situation.
In addition, CCP has been able to take traditional insurance products and make them more effective by tax-advantaging them. For example, long-term care insurance can be paid for, in certain circumstances, with tax-free distributions from profit sharing plans. And traditional group life insurance can be used to convert taxable survivorship benefits from nonqualified deferred compensation plans into tax-free benefits.
Download our free ebook "How to Win the War on Talent" to learn more or contact us.
Read more about our High Limit Guaranteed Issue product and enrollment technology.
Click to learn about our specific innovative insurance solutions:
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How to provide a Tax-Free $5,000,000 Disability Severance Pay Plan*
How to convert Taxable Deferred Compensation Survivorship Benefits into tax-free benefits*
How to provide a Tax-Free Bonus Plan to protect wealth and income*
How to continue contributions to employees' retirement plans
when they are disabled*
How to provide a Roth 401k Tax Equivalent Plan without contribution limits*
How to use the Executive Compensation Plan as a weapon to attract and retain top talent*