NAIFA is encouraging the efforts of Indiana state Sen. Greg Walker and Rep. Martin Carbaugh to replace the Indiana Long Term Care Insurance Program, also known as the RWJ Partnership, with legislation (HB 1405 and SB 261) to create a Deficit Reduction Act (DRA) Partnership.
1 min read
NAIFA Supports Replacement of Indiana LTC Insurance Program
By NAIFA on 2/4/21 11:51 AM
Topics: Long-Term Care State Advocacy
1 min read
NAIFA Supports Maryland Bill to Boost LTC Education
By NAIFA on 2/1/21 4:33 PM
NAIFA supports Maryland state legislation that would provide consumers in the state with easier access to resources and educational materials on long-term care (LTC) planning. A NAIFA-Maryland member served on the Task Force on LTC Education and Planning that made recommendations that helped shape the bill, HB 599, Public Health – Long Term Care Planning.
Topics: Long-Term Care State Advocacy Limited & Extended Care Planning Center
6 min read
What You Should Know About Life Insurance Settlements
By Pinney Insurance on 1/7/21 10:41 AM
If you have a client who can’t afford their policy – especially if it’s due to health problems – you may want to help them look into a life settlement. Of course, this leaves them without any death benefit protection, which isn’t ideal. But if they either don’t need the coverage or have no financial option but to let it lapse, a settlement may be the ideal solution.
Topics: Long-Term Care Life Insurance & Annuities
2 min read
Common Misconceptions About Long Term Care
By Genworth on 12/22/20 11:22 AM
Cover all of your bases with four common rebuttals about long term care planning.
There are plenty of misconceptions about long term care. Some believe that health insurance and Medicare will take care of these expenses. The majority of costs for long term care are out-of-pocket expenses until assets are depleted. The following are four common rebuttals you might hear about long term care planning and what you need to know:
Topics: Long-Term Care Retirement Planning Financial Planning
1 min read
Meet Gerry: NAIFA Welcomes 'Gerry' as a New LECP Sponsor
By NAIFA on 11/10/20 4:04 PM
Meet Gerry, the new way to find your future care facility. Using aggregated data from every senior living facility in the country, Gerry matches clients with an assisted living community to ease them through their decision. We are excited to announce Gerry as a new sponsor of the Limited & Extended Care Planning Center (LECP) within NAIFA.
Topics: Long-Term Care Limited & Extended Care Planning Center
1 min read
Transamerica LTC Update & Review
By NAIFA on 11/10/20 3:58 PM
Presented by: Matt Hamann, National Sales Director, VP Institutional, Worksite Multi-Life & Brokerage at Transamerica
Topics: Long-Term Care Limited & Extended Care Planning Center
4 min read
NAIFA’s Limited & Extended Care Planning Center Announces its Inaugural Long Term Care Event
By NAIFA on 10/16/20 5:20 PM
The three-day event will offer a broad view of extended and long-term care topics and options. Whether you advise clients about life insurance, annuities, saving or college plans, wealth management, or retirement planning, your clients' plans and lifestyle can be impacted by complications of caregiving or a need for extended or long-term care.
Falls Church, VA (October 16, 2020) -- The National Association of Insurance and Financial Advisors (NAIFA) and NAIFA’s Limited and Extended Care Planning Center will host its first annual NAIFA LECP Center event. The virtual conference will be held on November 10-12. The inaugural event is made possible by the founding sponsors of the Limited & Extended Care Planning Center.
Three hours of programming each day will include an extensive, wide range of topics and options and explore issues important to agents and financial professionals.
Panel discussions by industry leaders will dive into:
- Executive Leadership (Dennis Martin, President, Individual Life and Financial Services at OneAmerica; Troy Anderson, Vice President and National Sales Manager, Life Insurance, at Nationwide Insurance; Bill Nash, Senior Vice President Head of MoneyGuard and Strategic Partners of the Future at Lincoln Financial Distributors; and moderator Kevin Mayeux, CEO of NAIFA).
- Hybrid Life Insurance and Annuity Products for Long-Term Care (Ryan Bivens, LTC National Sales Manager at Pacific Life; Tracey Edgar, Vice President of Sales, Care Solutions at OneAmerica; Brandon Heskett, National Sales Vice President – SecureCare at Securian Financial; Tony Massenelli, Director Long Term Care Sales at Nationwide Insurance; and moderator Steve Cain, Sales and Business Development Leader at LTCI Partners).
- Technology and Long-Term Care Planning (Sheryl Moore, President and CEO of Moore Market Intelligence; Jared Carlson, Vice President, Individual Sales & Ventures at Assurity; Steve Cain, Sales and Business Development Leader at LTCI Partners; and moderator Ryan Pinney, President at Pinney Insurance Center).
Topics: Long-Term Care
1 min read
Industry Survey on Long-Term Care Now Underway
By Suzanne Carawan on 9/14/20 1:48 PM
NAIFA has been selected as a survey partner to Oliver Wyman along with NAILBA and BrokerWorld to undertake an industry-wide research study on the state of sales of long-term care products. The survey is entitled "Long-Term Care Insurance Planning Survey: Who’s Selling What to Whom, How and Why?" and seeks to understand how the landscape has changed through COVID-19.
Topics: Sales Long-Term Care Life Insurance & Annuities Sales & Marketing
2 min read
FEDERAL LTC TASK FORCE INCLUDES NAIFA RECOMMENDATIONS IN REPORT
By NAIFA on 8/11/20 2:28 PM
The U.S. Treasury Department has released a report from the Federal Interagency Task Force on Long-Term Care Insurance recommending government actions to foster innovation in long-term care (LTC) product design, improve the efficiency and relevance of LTC product regulation and promote financial literacy on LTC matters.
Topics: Advocacy Long-Term Care Legislation & Regulations
3 min read
LECP Webinar: Proven Approaches and Techniques Using Traditional Long-Term Care and Hybrid Life Insurance
By NAIFA on 7/30/20 2:34 PM
Denise Gott, CLTC, is CEO of ACSIA Partners