The Third Rail of American of politics is Social Security reform. In long-term care insurance 5% compound inflation protection holds a similar position…
Category Archives: News and Current Events
This is part of a series of Blogs and articles I will write over the coming months, so please let [...]
….So you tell me; which is less safe? Having long-term care insurance or not? Talking to your prospects and clients about long-term care planning or not? No one solution is right for all and often times the solution we propose isn’t perfect. But we can’t let “The Perfect” be the enemy of “The Good”.
… Our job is to help clients manage risk with the best insurance products money can purchase at the time. We need to be careful on their behalf but we can’t let ourselves to be timid. Insurance agents have a choice. They can allow the winds of adversity to knock them off course or they can, like the king in the parable of Chicken Little, provide valuable umbrellas to their clients to sheild them from the storm.
….LifeSecure, now available in California (and most other states), is a “sleeper” in the long-term care insurance industry. A wholly owned subsidiary of Blue Cross/Blue Shield of Michigan, LifeSecure offers a simplified product design at a very affordable price. Check out how FEW decision points agents and consumers have to consider when purchasing the LifeSecure product:
The good news is that two new small group products have burst onto the California scene in the past 30 days. (They are also available in other states.) These options will provide employers groups as small as three lives with discounts and underwriting concessions.
As the world of long-term care insurance changes, opportunities abound……
…..Consumers who have purchased Prudential long-term care insurance in recent years and those currently with applications in process should consider themselves fortunate. They had the foresight to purchase one of the most cost-effective LTCi products of recent memory.
Applications must be in our office by Monday, February 24, 2012 so that we have adequate time to process and overnight them to the home office prior to the February 29th deadline.
…… As CLASS’ demise has become more and more evident the question that has plagued me is this; since CLASS was an integral part of how the Obama Administration planned to pay for PPACA would it’s death mean that health care reform would have to be revisited? Apparently not. As the above referenced article states: