How to Sell Long-term Care Insurance

How to Sell Long-term Care Insurance PDF

Author: Jeff Sadler

Publisher:

Published: 2006

Total Pages: 0

ISBN-13: 9780872186958

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The 3rd Edition illustrates successful people-centered, long-term care strategies in wake of today s challenges strategies that sincerely benefit clients while increasing the marketing potential and profitability for financial and insurance planners. Authored by Jeff Sadler, an expert in disability and long-term care coverage with an insurance career spanning more than 30 years. While most people do not consider long-term coverage until it s too late, many financial and insurance planners have yet to establish successful ways to reinforce the manner in which clients will use and benefit from long-term care coverage. Jeff Sadler shows you how to better educate your clients about their long-term care options and increase your sales. You'll learn how to adapt sales presentations, select the most benefitical coverage and capitalize on current trends with this thorough resource guide to the long-term care market. Divided into reader-friendly sections, this book gives you a comprehensive overview complete with stories and statistics illustrating the need for long-term care insurance, the potential funding sources that exist today, a detailed review of the various product solutions available to solve this potential problem, and the current tax and legislative ramifications for the product. A section entitled "Knowledge Is Power" will provide you with a never-ending source of information about all of the various aspects of this market, equipping you with ideas and concepts you can use to educate your prospects and existing clients. This book is the cornerstone to your full understanding of the long-term care market. Sadler delivers: Time-tested solutions to overcome current sales declines in long-term care product lines Actual family case examples and statistics on how to capitalize on today s opportunities The book s building-block approach clearly outlines: How to explain client need How to motivate healthy clients to buy this often-overlooked coverage The topic-specific sections direct long-term care opportunities to: Individual and group health insurance Life insurance 401(k) sales Annuity sales Disability insurance Business planning Financial planning each designed to work with a different type of prospect.

Simple Ltc Solution: How to Protect Your Life

Simple Ltc Solution: How to Protect Your Life PDF

Author: Scott A. Olson Cltc

Publisher: Independently Published

Published: 2018-03-18

Total Pages: 144

ISBN-13: 9781980586371

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The insurance industry does not want you to read this book. This book gives you knowledge from an insider. This knowledge will empower you to take simple steps that can protect your life's savings from long-term care expenses.In 2005, Congress passed legislation that gave each state the authority to develop "Long-Term Care Partnership Programs". These programs are a partnership between the federal government, your state government, select insurance companies, specially-trained insurance agents, and you. These programs encourage the middle-class to purchase an amount of long-term care insurance that is equal to their net worth. If their policy runs out of benefits they can apply for Medicaid to pay for their care and all of their assets can be protected from Medicaid (both while they are alive and even after they pass away.)You can target how much long-term care insurance you need based upon how much of your assets you want to protect from Medicaid. If you want to protect more savings you can buy more benefits for a higher premium. If you have less savings you can buy less benefits for a lower premium. It's an equitable and affordable solution for those who want to plan ahead.

Long-Term Care Insurance: Better Controls Needed in Sales to People With Limited Financial Resources

Long-Term Care Insurance: Better Controls Needed in Sales to People With Limited Financial Resources PDF

Author:

Publisher:

Published: 1992

Total Pages: 19

ISBN-13:

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To provide information on financial factors that limit the purchase of long-term care insurance, we reviewed two studies: one by research the Brookings Institution, and the other by the Families USA Foundation and the United Seniors Health Cooperative. We also reviewed research conducted by the Agency for Health Care Policy and Research of the Department of Health and Human Services, which addresses the elder population that may not be able to obtain long-term care insurance because of health problems. To provide information on companies' sales policies, we obtained information from eight companies that sell individual long-term care insurance policies nationally. We selected these companies because information obtained from insurance companies and other sources indicated that, as of December 1990, their long-term care business collectively represented about one-half of the policies sold in this country. One of the eight companies sold policies through captive agents only, sold through independent agents only, and four sold through both. One company sold through direct mail without the aid of agents. Because we had limited access to the insurance companies' records a) did not observe company practices and agent behavior first-hand, we on information the companies provided us. We obtained and reviewed(company's long-term care insurance policies, outlines of coverage, of applications, agent training manuals, underwriting guidance for agents and marketing material. When necessary, we interviewed officials from companies to obtain clarification of these materials. We also interviewed officials to determine the companies' policies regarding sales to low-income people. (KAR).

Nursing Home Insurance

Nursing Home Insurance PDF

Author: United States. Congress. House. Select Committee on Aging. Subcommittee on Health and Long-Term Care

Publisher:

Published: 1987

Total Pages: 44

ISBN-13:

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