<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=319290&amp;fmt=gif">
home2

NAIFA's Limited & Extended Care Planning Center

The LECP Center empowers professionals to network with solution and service providers to share best practices, directly access subject matter experts, research, training and resources; and provide thought leadership so we may continue to address the changing needs of the market.

1 min read

Loyal NAIFA Member Louis Brownstone Featured in Broker World

By NAIFA on 3/15/22 1:28 PM

Loyal NAIFA-CA member Louis H. Brownstone, CLTC, proposes a new solution for long-term care insurance planning in a recent Broker World article. Brownstone is the owner of California Long Term Care Insurance. A NAIFA member since 2007, he is the Government Relations/APIC IFAPAC Chair for NAIFA-San Francisco Peninsula and a NAIFA Financial Security Advocate.

Congratulations, Louis. We're #NAIFAproud of your commitment and dedication to our industry.

Topics: Long-Term Care Retirement Planning Financial Planning Member Planning in Advance
3 min read

NAIFA Thought Leaders to Be Well Represented at ILTCI 2022

By NAIFA on 3/15/22 9:23 AM

The Intercompany Long-Term Care Insurance Conference (ILTCI 2022) is taking place March 21-23 in Raleigh, NC, with sessions featuring NAIFA thought leaders and a special NAIFA networking event. The ILTCI’s annual educational conference is for representatives of the long-term and extended care insurance community and other strategic allies, including providers, public policy institutions, professional organizations, federal, state, and local government agencies, and the public. Online registration for the event is open.

Topics: Long-Term Care Press Release Limited & Extended Care Planning Center
2 min read

Using Technology to Deepen Client Relationships Across Generations

By Cameron Huddleston, Carefull Family Finance Expert on 1/7/22 4:28 PM

Technology might not seem like a likely tool a financial advisor can use to build client relationships. It almost goes without saying that older generations prefer human interaction versus digital services when it comes to their finances. And surveys have found that even tech-savvy millennials are more likely to get help with their finances from real-life advisors than from robo-advisors. 

So how can technology help financial advisors strengthen and add value to their relationships with clients—especially older clients—when it lacks the human touch? After all, a computer can’t hold your hand during a market downturn. 

But there is new technology that can enable advisors to build their businesses by giving them the ability to better assist aging clients and clients taking care of aging parents at the stage of their financial lives where they need the most help. That new technology is Carefull. 

Topics: Long-Term Care Technology Tools Potential Partners for Advisors
5 min read

Why You Need to Talk to Clients About Monitoring

By Cameron Huddleston, Carefull Family Finance Expert on 12/29/21 8:00 AM

Courtney Heiden’s dad always took care of the family finances. In fact, he had a background in finance and managed client accounts at the large companies where he worked. So it came as a complete shock when there was a knock on her parents’ door several years ago, and the man at the door said the house was going to be auctioned off the next day.

“My mom actually thought they were kidding or maybe had the wrong house,” Heiden said. “And the man at the door said, ‘No, there's not been a mortgage paid in nine months.’ Their world kind of came crashing down at that moment.”

Topics: Long-Term Care Aging in Place Potential Partners for Advisors
10 min read

What You Should Know About Reverse Mortgage Interest Rates

By Fairway Independent Mortgage Corp. on 12/22/21 9:00 AM

It’s easy to lose focus on interest rates when you’re helping your client search for a reverse mortgage loan.

After all, the interest rate won’t affect the monthly payment because they won’t have to make one (though they will need to pay taxes and insurance and maintain the home).

Reverse loans don’t require monthly payments, as the full balance comes due when the last borrower dies or leaves the home.

But reverse mortgage interest rates are still a big deal and should factor into your clients' borrowing decisions. The interest rate will make a huge difference when the balance comes due and your client or their heirs must decide what to do with the home.

Topics: Long-Term Care Retirement Planning Potential Partners for Advisors
1 min read

Carefull Presents Webinar on Tech Tools and Long-term Care

By NAIFA on 12/14/21 8:00 AM

Join us on January 11, 2022, at 1 pm eastern for "Financial Technology that Builds Long-Term Relationships for Long-Term Care", a special webinar presented by Carefull co-founder Todd Rovak and product strategy lead Michael Rubel.

Rovak and Rubel will discuss the challenge of client engagement and how Carefull's technology can help overcome it. The webinar will also feature a Q&A with NAIFA-National President-Elect Bryon Holz speaking on his own experience with long-term care insurance and how it has affected his family. 

Topics: Long-Term Care Technology Webinar Potential Partners for Advisors
1 min read

Guaranteed Income: The Forgotten Household Asset

By Mutual of Omaha Mortgage on 12/1/21 12:15 PM

Guaranteed income is the largest financial asset for most retirees, yet its role in a financial plan is generally quite minor, treated simply as a cash flow that can be used to fund the retirement liability.

Topics: Long-Term Care Retirement Planning Financial Planning
2 min read

2021 LECP Impact Week On-Demand

By NAIFA on 11/10/21 8:30 AM

To kick off Long Term Awareness Month,  the Limited and Extended Care Planning Center held the 2021 Impact Week, November 1st - 5th.

Each day featured industry experts discussing a broad range of topics and emerging issues. All the presentations are now available on-demand.

Topics: Long-Term Care Webinar
1 min read

NAIFA's Diane Boyle to Provide Policy Update For NAIFA's LECP Impact Week

By NAIFA on 11/1/21 4:04 PM

Decisions made by policymakers from Washington, D.C., to Washington state are impacting the way insurance and financial professionals are helping consumers plan for their long-term care needs. NAIFA's advocacy team, working with the Limited and Extended Care Planning Center's Legislative Working Group, which consists of LECP sponsors, insurers, NAIFA members, third-party administrators, distributors, and other stakeholders, is exploring and enhancing policy positions for NAIFA through the association’s government relations capabilities as it engages directly with lawmakers and regulators. NAIFA is the only association of insurance and financial professionals making an advocacy impact at the federal, interstate, and state levels, including in every state capital around the country.

Topics: Long-Term Care Legislation & Regulations Limited & Extended Care Planning Center Federal Advocacy
1 min read

Play “The CLTC Game of Longevity” during LTC Awareness Month

By CLTC on 10/28/21 5:33 PM

Do you have the competency, confidence, and credibility to help your clients successfully plan for one of the greatest risks that come from living a long life – namely, the need for extended care?

Topics: Long-Term Care CLTC Limited & Extended Care Planning Center

Featured