Massachusetts businesses can now offer complementary benefits to their employees from Aflac which pay cash if the employee has an accident or is out sick. This is income protection that costs the company nothing.
Besides offering these policies which help Massachusetts working people navigate through the weeds of Obamacare with its increase in deductibles, I'm also on a crusade to get every Massachusetts citizen 18-25 a whole life policy that locks in a low premium while they are still young. The premium will never change as they get older and rates go up.
The interesting aspect of this is that the cash value of the policy accumulates at an average of 5% tax free interest and the owner can takeout low-interest loans on the policy while it continues to pay interest and grow. In real dollars this can mean no interest loans!
This is a great way to avoid going into debt from parasitical credit card companies that charge upwards of 18% interest and, politically, these policies are a move away from an economy based on debt toward one oriented toward savings and capital accumulation. This conservative savings and investment vehicle was the number one estate builder before the advent of the more speculative development of the mutual fund in the 1970's.
Please consider offering your employees the opportunity to purchase these products at a considerable discount and at no cost to your company. I'd like to set up an appointment with you so I can make a presentation. As an award winning radio talk show host, I would also like to interview you on my live-streaming radio show and offer you a podcast of the interview as a gift.
Please feel free to contact me for additional information, thanks.
licensed insurance agent