The Palmer Agency - News & Updates

Are you still not selling Long Term Care insurance? Your competition is! Here are reasons to learn a little more about it without changing your focus.

If you're a Life producer:

4) Medical exams are typically NOT needed in Long Term Care

3) Earn renewal commissions for the life of the policy

2) With a 1.5% lapse ratio standard throughout the industry, you don't have to worry about replacing or losing cases

1) NEW UL products with LTC riders ensure that your client will not "waste" premiums if Long Term Care is never needed (Article)

If you're a Group Benefits producer:

4) Simple underwriting is available for voluntary and employer paid, and for as few as 3 lives

3) No agent of record!

2) Group Long Term Care plans require minimal service work (Article)

1) Multi-life Long Term Care products are commissioned like individual policies

If you're a Disability producer:

4) The policy language is very similar between Disability and Long Term Care, making it easy to understand

3) Occupation is not a factor in determining how much benefit is available

2) Cash LTC policies can supplement Disability for individuals maxed out due to occupation or for self-employed individuals (Article)

1) Cash polices can act as a Disability product well past age 65

Interested in learning more? Click on the links or contact one of The Palmer Agency's Long Term Care specialists.