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:
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.
Finally, CCP often acts on a consulting basis for clients who want to compensate us for our services on a fee basis.
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Click to learn about our specific innovative insurance solutions: