Limited and Extended Care Planning Collective

The LECP Collective empowers professionals to network with solution and service providers to share best practices, directly access subject matter experts, research, training and resources; and provide thought leadership so we may continue to address the changing needs of the market.

The Krause Agency

The Krause Agency is located just outside Green Bay, WI, and we work diligently to provide customized long-term care solutions for agents across the country. We offer unique insurance products, educational tools, state-specific Medicaid planning resources, marketing materials, and support. One of our main priorities is helping insurance agents and financial advisors grow their business. So, whether you’re looking to add long-term care planning to your arsenal or you’re searching for ways to enhance your current offerings, we can help. We even provide exclusive tools to help you market your business and tap into key referral sources to win new clients.

What Happens When Clients Run Out of LTCI Benefits?

By The Krause Agency on 2/10/25 11:43 AM

Long-term care insurance (LTCI) provides crucial financial protection for extended care needs, but most policies have a benefit cap, whether it’s a maximum payout amount or benefit duration. When LTCI benefits run out, clients may face a difficult financial situation. As a financial advisor, you are uniquely positioned to help them plan for the next phase of care.