"Suggesting that Americans are unprepared for inevitable future emotional and financial turmoil falls into the cosmic understatement category. Only one in five have a will or any last directives. Just a little over half own any form of life insurance. We are lousy at saving, having an average of only $15,000 put aside. Yet we somehow continue to have faith that a leprechaun will appear at the end of life’s journey and provide financial sustenance for our marital partners, largesse and remembrance for our grandchildren, private rooms at five-star hospitals and beautiful Swedish nurses for our superior one-on-one care at ...
March 5, 2019Broadtower Insurance
A note from the desk of James Romero, CLTC, Regional Sales Director - Linked Benefits with Securian. I wanted to reach out and introduce myself as your dedicated external sales contact at Securian Financial representing the SecureCare Hybrid LTC plan. Partnering with me for internal sales support will be Lisa Speelman. Lisa and I are excited to be working with you and look forward to assisting you with your SecureCare sales. We are in the process of reaching out to all of our assigned accounts but in the meantime we are going to be hosting a series of webinars to help get the word out. Please see the below webinar ...
February 26, 2019Broadtower Insurance
"Like Willy Wonka’s chocolate factory, we now live in a world of “combo” confections coming in all combinations of flavors, sizes and colors. Confusion, misunderstandings and frankly a potential abundance of experience disappointments, stand before us like a solid and forbidding rock candy mountain. Some light has been recently shed on the mysteries and old wive’s tales frequently attributed to the two birds with one stone, have your cake and eat it too aficionados. LIMRA, with the hard work of an SOA LTC Section Council member, has recently released a new combo life study helping clear the fog. The study is ...
February 5, 2019Broadtower Insurance
From the desk of Brent DeGroot, Brokerage Health Sales Director for Mutual of Omaha. Good Day, Thank you for your business in 2018; and for making it another successful year here at Mutual of Omaha! 2019 has already started and we want to collaborate to make it an even better year for your office. A couple positives to begin to begin the year: We maintain our position as the leader in traditional LTCi industry.The LTC13 (current) product block continues to perform as expected, and we again expect no changes in 2019. We want to earn your promotion and business. I have included our Sales Idea Brochure; ...
January 29, 2019Broadtower Insurance
NGL's LTCi program for the worksite will continue to focus on small to mid-sized businesses, offering low minimum participation requirements of 2 to 5 issued employees, varying by state. Employer and Association Groups will no longer be available in Maine. View the detailed announcement for additional information. Detailed Announcement Product Features & Sales Ideas Learn more about EssentialLTC's most popular product features and corresponding sales ideas. View PDF 2019 Tax Summary Use this flyer to see the tax advantages of LTCi for individuals and businesses. View PDF LTCi For Almost Any Business Learn more about EssentialLTC’s program for the worksite. View PDF Worksite Process & Resources Learn more about what ...
January 22, 2019Broadtower Insurance
NAIC Endorses Concepts Pioneered by GWG Life’s LifeCare Xchange Creating Private Market Options for Financing Long‐Term Care MINNEAPOLIS, JULY 25, 2017 ‐‐ GWG Holdings, Inc. (Nasdaq:GWGH), the parent company of GWG Life, a financial services company committed to transforming the life insurance industry through disruptive and innovative products and services, announced that The National Association of Insurance Commissioners’ (NAIC) Long‐Term Care Innovation Subgroup has endorsed the exchange of life insurance policies for private pay options for long‐term care services, a concept pioneered by GWG Life and now being offered exclusively through the company’s LifeCare Xchange (LCX). GWG Life is focused on delivering innovative ...
July 26, 2017Broadtower Insurance
A Controlled Executive Bonus Plan, also known as a Restrictive Executive Bonus, or Section 162 plan, is an agreement between an employer and its key employee(s) to provide a death benefit, supplemental income, and now includes long-term care benefits. The employee applies for and owns the life insurance policy, with the right to designate the beneficiary(ies) of the policy. The company then pays the "bonus" premium directly to the insurance company. The employee's right to receive the cash value of the policy through loans, withdrawals or surrender is restricted during a time period based on age, years of service or other ...
June 13, 2016Broadtower Insurance
Exaggerated, superfluous hyperbole is not sufficient to quantify this opportunity! Broadtower Insurance Solutions, America’s largest LTCI IMO, has been granted the privilege of introducing America’s first "Underwritten” SPIA designed exclusively for leveraging exposure to America’s largest unprotected risk – the need for Long Term Care. For too long, we have told far too many it was too late to help them, and that the financial burden of their now open-ended claim was simply upon them. We all had to stand by helpless when the need was greatest and the expense of care-giving was imminent – until now! Broadtower has been chosen to train and certify the ...
June 8, 2016Broadtower Insurance
Mutual of Omaha's 2016 Cost of Care book is now available. Ensure your agents have a copy for updated costs for home health care, assisted living and nursing home care by state. Download the PDF
June 7, 2016Broadtower Insurance