1. Client of the Month – August 2015

    Leveraging Qualified Funds into Long-Term Care Husband 65 and wife 64 had a traditional long-term care policy in place that would pay them $200 a day for a period of 3 years. Their company stopped selling long-term care insurance in 2014 and raised the annual premiums to $6700 on our clients. Our Concern: Clients are facing increasing premiums in the years ahead. Because their current company no l…Read More

  2. Big Data Means Price Hikes Unlikely

    Rate increases are one of the most common complaints and worries for people who have existing long-term care insurance policies. Many factors are at play including misguided pricing, companies exiting the business, as well as a general lack of understanding of the actual risk the insurance companies were facing when they developed their policies… Basically, a lack of data. Today, lapse rates (wh…Read More

  3. Boomers Demand for Financial Security Driving Force behind Asset Based Long-Term Care

    Fairy Tales usually have a happy ending but for too many, their final years are turning out anything but dreamy. The fact is more and more seniors are running out of money in their retirement years and one of the leading causes is the high cost of long-term care. Baby Boomers are on the front line as many of them approach retirement and have the burden of watching their parents struggle through th…Read More