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Old 04-12-2017, 07:52 AM   #31
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Any traditional lifetime policies available?
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Old 04-12-2017, 10:27 AM   #32
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What Would You Suggest? Re: What Would You Suggest?
Originally Posted by bluemarlin08 View Post
Any traditional lifetime policies available?
NGL has an unlimited benefit period.
For those states where NGL is not approved, isn't 1M of shared benefits enough coverage? especially in a DRA Partnership state?
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Old 04-12-2017, 04:31 PM   #33
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Originally Posted by Mr_Ed View Post
I've never used LIMRA market data to determine which policy is the best value for each client. And I've never been one to follow the crowd. The crowd is usually wrong.
Jump in Scott. The water is warm.
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Old 04-12-2017, 04:42 PM   #34
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Originally Posted by ltcadviser View Post
Jump in Scott. The water is warm.
I will pass on single premium hybrids.
Thanks anyway.
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Old 04-12-2017, 07:22 PM   #35
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Originally Posted by Mr_Ed View Post
I will pass on single premium hybrids.
Thanks anyway.
Then i guess u didn't write $900,000 in premium today? 🤔

Jump in Scott. Our market has changed over the past 20 years. Being open to different options might be helpful.


Last edited by ltcadviser; 04-12-2017 at 07:29 PM.
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Old 04-12-2017, 08:15 PM   #36
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Originally Posted by ltcadviser View Post
Then i guess u didn't write $900,000 in premium today? 🤔

Jump in Scott. Our market has changed over the past 20 years. Being open to different options might be helpful.
congratulations, Jack.
I'm sure the insurance executives love you.
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Old 04-12-2017, 08:30 PM   #37
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Originally Posted by Mr_Ed View Post
congratulations, Jack.
I'm sure the insurance executives love you.
Consumers have made the decision to buy hybrid LTC policies, whether single pay, flex pay, annual pay. The car has left the garage. It is on the interstate and halfway to Caifornia. Either hitch a ride or keep walking. The air conditioning feels good Scott. I suggest you get in the car.
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Old 04-12-2017, 08:36 PM   #38
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What Would You Suggest? Re: What Would You Suggest?
Originally Posted by ltcadviser View Post
Consumers have made the decision to buy hybrid LTC policies, whether single pay, flex pay, annual pay. The car has left the garage. It is on the interstate and halfway to Caifornia. Either hitch a ride or keep walking. The air conditioning feels good Scott. I suggest you get in the car.
I sold one recently, my client was super happy. For her, the life hybrid was a perfect fit.

Congrats on your sale LTC...that is a big one. Was it life hybrid or annuity hybrid? I'm guessing multiple policies? Great job regardless.
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Old 04-12-2017, 08:49 PM   #39
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What are advantages of life/ltc and annuity/ltc?
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Old 04-12-2017, 09:01 PM   #40
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Originally Posted by pfg1 View Post
I sold one recently, my client was super happy. For her, the life hybrid was a perfect fit.

Congrats on your sale LTC...that is a big one. Was it life hybrid or annuity hybrid? I'm guessing multiple policies? Great job regardless.
Yes, multiple policies: 170, 179, 150, 100, 100, 92, 89, 50.

This is evidence as to where the marketplace is today.

I like hybrids.
I like traditional LTC
I like term life
I like disability insurance

There are many good policy choices for different needs and life stages.
Just have to help people obtain what they want and need.

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Originally Posted by bluemarlin08 View Post
What are advantages of life/ltc and annuity/ltc?
Hybrid policies are essentially long term care insurance policies with fixed costs and Return of Premium.

some people (many) are attracted to these 2 attributes.

The hybrid life/ltc policies (Lincoln, State Life, Pac Life, Nationwide) are generally much better values than the annuity based policies (Forethought/Global Atlantic, et al).
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