06 Dec 2018
Posted by CPS Insurance Services 
Right now! Your clients will never be as young or as healthy as they are today. When insurance carriers underwrite a life insurance policy with a long term care rider, they must consider factors that impact both the mortality and also the morbidity risk. As a result, the list of impairments, medications...
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02 May 2018
Posted by CPS Insurance Services 
Many people work a lifetime to accumulate assets designed to provide them with a comfortable retirement plus an inheritance for their children. The last thing people want to do is use their assets to pay for the long-term care services they're likely to need. Numbers For Consideration Let's say your...
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29 Mar 2018
Posted by CPS Insurance Services 
One way to address concerns over the cost of LTCi is to highlight solutions which provide multiple benefits. Today many carriers offer products providing life insurance protection along with living benefits, that include access to tax favored cash values and access to the death benefit, while living,...
Read more → 04 Jan 2018
Posted by CPS Insurance Services 
Despite the rising demand for long-term care (LTC) services, it’s still a challenging topic to broach with clients. Why? Case and point: it’s not a fun subject. But the hard truth is that LTC needs can be taxing on the family as well as the individual – both emotionally and financially. And statistics...
Read more → 05 Oct 2017
Posted by CPS Insurance Services 
Nationwide is proud to announce Nationwide YourLife CareMatters®, a fixed premium linked benefit product that bundles LTC coverage and life insurance in the same policy. This allows clients to better address LTC expenses while remaining in control of their assets. YourLife CareMatters’ cash indemnity benefits...
Read more → 14 Sep 2017
Posted by Matt Anderson 
The traditional Long Term Care Insurance market has finally found a solution to provide guaranteed level premiums. Without the fear of a potential future rate increase, advisors and clients alike will no longer have to shy away from purchasing traditional LTCi policies. Now the marketplace offers a way to structure...
Read more → 22 Jun 2017
Posted by CPS Insurance Services 
Webinar Info Tuesday, June 27th 12:00 PM - 12:30 PM PDT REGISTER Join Genworth for their next webinar for their Annual Claims Updates. They will interview one of their Senior Claims Managers, Jamie Perkinson, to discuss statistics, trends, and emerging data Genworth is seeing from the largest...
Read more → 14 Jul 2016
Posted by Matt Anderson 
While it’s been 10 years since we have seen a new LTC carrier enter the market place, it’s been longer since a new traditional LTC product launched with pricing below the current market. Like Moore’s law of technology (computing power doubles every 18 months), the field of LTC has its own law:...
Read more → 19 Feb 2016
Posted by Matt Anderson 
Far be it for me to predict the outcome of Genworth’s strategy to remake itself as a mono-line long-term care insurance company. It does bring to mind how UNUM gobbled up many competitors in the 1990s, only to suffer major indigestion. At the time, many predicted the end of non-cancellable disability...
Read more → 22 Oct 2015
Posted by Matt Anderson 
In an ongoing effort to help agents and advisors raise consumer awareness in long-term care planning, and to spur long-term care insurance sales success, CPS Insurance and Genworth Financial are pleased to offer Producer Assist to our agents. This cutting-edge program is designed to help you guide...
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