Executive plan is the term used to encompass pay and benefit packages used to attract and retain the talent your business requires, it also effectively encompasses a strategy to use your financial assets in a creative way to work for you. Executive Plans have been used by Companies in a variety of industries, including Fortune 500 companies for many years. While an executive plan may have various components one of the most popular components includes the use of life insurance products in new and creative ways. The reason for this is that Life Insurance can offer Long Term Care (LTC), illness, tax free retirement, safety of the principal, and a “golden handcuffs” provision (retention strategy) Also, some life insurance products may allow the money invested to grow faster and safer than a traditional retirement plan. For more information about Executive Plans simply contact us and we will explain and even personalize one for you.