NAIFA partner Mutual of Omaha Mortgage is offering a webinar on Tuesday, May 18th at 1:00 p.m. central, with industry expert Wade Pfau, Ph.D., CFA, RICP as he discusses how different types of annuities work.
Complimentary CE at this Exclusive Webinar Presented by Mutual of Omaha Mortgage
By Beth Helberg on 5/5/21 4:26 PM
Topics: Life Insurance & Annuities Financial Wellness
6 min read
Why Single Pay LTC Insurance Might be the Right Strategy Now
By Tom Riekse Jr. on 4/29/21 10:30 AM
The recent stock market run (especially in tech stocks) has been amazing. Despite the high unemployment rate, many investors are enjoying that feeling of increased net worth in both their qualified and non-qualified money.
Topics: Long-Term Care Life Insurance & Annuities Planning in Advance
6 min read
How low interest rates are changing LTC Insurance products
By Tom Riekse Jr. on 4/22/21 1:00 PM
The last several years have seen major changes in LTC Insurance - leading to what can be referred to as LTC 2.0. LTC 2.0 means that while the pure protection of traditional LTC insurance is still a popular option, there has been an accompanying growth in Hybrid LTC + Life plans - both in number of policies sold and number of carriers offering these plans.
Topics: Long-Term Care Life Insurance & Annuities Planning in Advance
1 min read
CLTC Offers "A Teachable Moment"
By CLTC on 4/15/21 5:07 PM
The Certification for Long-Term Care has produced a fact sheet, "A Teachable Moment: The Power of Starting a Conversation," to help advisors start conversations with clients about the importance of extended care planning. It offers facts and statistics that emphasize the importance of planning.
Topics: Long-Term Care Extended Care Limited & Extended Care Planning Center
6 min read
Why the Traditional LTC Market is here to stay - and will grow
By Tom Riekse Jr. on 4/14/21 3:30 PM
Recently I received an email from a Insurance Carrier who sells Linked Life/LTC plans with the headline "What happened to traditional LTC?". The email started by saying "It wasn't so long age that traditional long-term care (LTC) insurance dominated the market, but now they are barely holding on while linked-benefit products are taking over." Harsh!
Topics: Long-Term Care Advanced Planning
5 min read
The Impact of Voluntary Interest Payments on Reverse Mortgages
By Shelley Giordano on 4/12/21 8:30 PM
In the early days of reverse mortgage lending, little attention was paid to the impact of tax deductions from accrued interest on the loan. In part, most borrowers had so little income that any deduction was meaningless. Two important changes in the reverse mortgage landscape, however, have generated a more strategic approach to the home asset.
Topics: Reverse Mortgages Limited & Extended Care Planning Center
5 min read
The biggest mistakes people make when choosing to self-insure for LTC
By Tom Riekse Jr. on 4/5/21 10:15 AM
For Financial Professionals that are savvy enough to have a discussion about the impact of a long-term care event one of the most important topics is whether a client should consider long-term care insurance or should instead "self-insure".
Topics: Long-Term Care Life Insurance & Annuities
3 min read
New Premiums Increasing on Hybrid Life + LTCI Plans
By Tom Riekse Jr. on 3/30/21 2:00 PM
Many clients find that the best way for them to plan for LTC is by purchasing a linked life/ltc plan. Compared to traditional LTC policies which provide pure long-term care protection (and the most LTC protection per premium dollar) linked Life/LTC trade off some of that leverage to provide guaranteed premiums and a life insurance benefit.
Topics: Life Insurance & Annuities Planning in Advance Limited & Extended Care Planning Center
7 min read
The worst case scenario - is lifetime LTC Insurance worth it?
By Tom Riekse Jr. on 3/26/21 9:00 AM
Luckily, you aren't going to need years and years of high cost long-term care. But what if you did?
Topics: Long-Term Care Financial Planning Planning in Advance Advanced Planning Limited & Extended Care Planning Center
3 min read
Prepare for the Great Wealth Transfer
By LegacyShield on 3/3/21 11:07 AM
Since the inception of the computer, it has opened doors, transformed current industries, and created new ones at breakneck speed. With each new development, such as the internet, the cellphone, and the smartphone, the pace at which our society evolves has increased exponentially. The future is now, but it is also tomorrow. However, there is an interesting divide that we can actively observe between generations.