Helping clients make decisions about their long term care can be very complex. There are many factors that must be considered along with a number of variables. As a vice president of the advisor services team at Low Load Insurance Services (LLIS), Jill MacNeil is the long term care and term insurance point person. She handles all variable case management for clients, including life and annuities.
During this webinar, Jill will allow for other ACP advisors to give client examples, share their experiences, and ask questions, all while covering the following topics:
- Probability statistics: will your clients need LTC?
- Average costs of care: lowest to highest; sampling of ACP member states; advisor online resource
- Medicare / Medicaid and a reverse mortgage
- Self-insure vs. LTCi policy vs. combination
- Females: why should their LTC planning be different?
- Designing LTCi policy for single people
- Designing LTCi policy for married couples
- Shared care rider benefits
- Partnership policies
- Tax benefits
- Hybrid Life/LTCi policies
- Hybrid Annuity/LTCi policies
After attending this webinar, advisors will:
- Have vital statistics to share with clients about the need for long term care
- Know when clients should self-insure, get long term care insurance, or combine the two protection methods
- Understand the differences of designing policies for females vs. males, single individuals, and couples
- Understand what hybrid policies are and when they are the right fit for clients
This is a great opportunity to get your questions answered concerning client long term care decisions.
All members will be on mute, however if you have a question or example that you would prefer to discuss live, please raise your hand using the hand icon at the top left and I can unmute you for further discussion.
1 CFP CE – Insurance Planning
1 NAPFA CE– Insurance
1 NASBA CPE – Administrative Practice
To register for this webinar, please click here.