Grateful

24 Nov

We are approaching Thanksgiving, and showing gratitude has been directly linked to increased happiness. Increased happiness has been linked to increased productivity. So be thankful that you opted for a sales career in financial services. Here are five reasons why you should be grateful: More>>

How to Pay for Long-Term Care When You Are Not in Perfect Health

22 Nov

A popular bit of advice is to purchase long-term care insurance in your 40s or 50s because you can get it when it is most affordable — and before you find yourself with health conditions that could leave you uninsurable. But what happens when you are diagnosed with an unexpected illness or become chronically ill at an early age — before you’ve had a chance to buy long-term care insurance? More>>

Three Surprising Facts You May Not Know About Long-Term Care Insurance

15 Nov

Among the most heart-wrenching pictures during the first months of the pandemic were images of the impact it had on our most vulnerable populations: our elders. Birthday parties through windows, the isolation of lockdowns – many people wished they were living in their own homes with the freedom that brings. The problem is that many people don’t plan for care. If you don’t have a plan for what can happen if you need care, it can cause stress – to your finances, your health and your family relationships. More>>

Introducing New Content for Long-Term Care Insurance Awareness Month

3 Nov

November is Long-Term Care Insurance (LTCI) Awareness Month. While Life Happens does not oversee or coordinate this campaign, we think it’s important to support our members who work with this product. It’s a month when the industry comes together to share the message that getting long-term care insurance can cover the cost of care when you need it most. This guide provides strategies and tips you can use to participate in November’s Long-Term Care Insurance Awareness Month. More>>

Long Term Care Insurance 101

1 Nov

Did you know that neither your health insurance nor Medicare would pay for extended long-term care services in the event that you needed them in the future? If you develop a chronic illness or become disabled and can no longer care for yourself for an extended period of time, you’ll need long-term care services. Here are some answers to common questions about long-term care insurance to help you figure out if it’s right for you. More>>

The Life Insurance Industry Provides Coverage and Protection Options for All Genders

7 Jul

Guest contributor: Chris Cook, serves as senior vice president and head of underwriting at Crump Life Insurance Services.

Today’s life insurance industry has products available that are inclusive of the needs of all consumers, including the 1.4 million adults in the U.S. who identify as transgender. Whether the need is for mortgage protection, estate planning, financial security for a spouse or children, or living benefits such as retirement income or long-term care, there are products designed to fit the specific need. Most important, with innovations such as accelerated underwriting programs, the process of obtaining coverage has never been easier. More>>

16 Commonly Misunderstood Insurance Words

7 Jun

Underwriting, premiums, contestability period—terms like these can make insurance words seem like a foreign language.

Fortunately, a good insurance professional can help you make sense of it all. So can the definitions below. We explained them in recognition of Financial Literacy Month. Read on to understand some commonly misunderstood insurance words. More>>

The ‘Napkin Concept’ Showing LTCi’s Impact on Tax Planning

25 Mar

Guest contributor: Eileen Shovlin, regional director, sales, at Crump Life Insurance Services.

Many financial professionals don’t include long-term care insurance when tax planning with their clients. However, for clients in certain tax brackets, increased income to pay for extended care expenses could negatively impact their tax bill. More>>

2 Ways to Use the SECURE Act to Drive Planning Opportunities

13 Jan

Guest contributor: Ken Diltz, sales director, national accounts, with Crump Life Insurance Services.

Here are two simple ways to start the conversation about assets having enjoyed tax-deferred growth. As you help your clients analyze their needs into and throughout retirement, we often find that clients’ goals change, and we may have some of best solutions in the financial marketplace right now to meet the moment – delivering peace of mind, leverage and the relationship-building necessary to grow your practice into the future. More>>