In response to "Two things you need to know about LTCI"
I take issue with your last paragraph. Having been in the LTCI market for 20 years, I must say that it all depends on what the client purchases. Strong companies like New York Life and Genworth have definitely kept pace with inflation if the 5 percent compound increase is included.
Furthermore, while Genworth has had a small increase (9-12 percent) about two years ago, it was their first increase since their entry into the LTCI market 8 in 1976. Both of these companies have priced their product well, do thorough underwriting and are excellent choices for LTCI coverage.
If the customer does not do their home-work, and/or the insurance sales rep is recommending policies that are "cheaper" in order to get their commission (regardless of the strength of the companies they represent), those policy holders are asking for trouble down the road. It is vital to know what you are buying, and it is true that "you get what you pay for."
- Mary Liden
In response to "5 reasons you must use social media as a financial advisor"
This is a great tip list for getting started. The starting initiative in social media is to begin to build your brand online as an extension of your offline presence. This enables you to begin to reflect intent that can represent your area of expertise, cultivate industry peers and explore new networking opportunities.
This naturally leads to new relationships and the ability to begin being discovered through organic
search (in search results). By getting your feet under you in this way, it can lead to a more strategic planning approach to social media. New tactics and likely new positive results can emerge as you evolve your use of these new communication and relationship tools. Thanks much for publications continuing to identify the building blocks for this new frontier.
- Blane Warrene
In response to "Doctors dropping Medicare patients"
I am not surprised! What about the agents? There is no respect for insurance agents in the field of Medicare, Medicare or medical, especially from the provider's internal sales rep. They don't have to drive around to make ends meet. All they have to do is sit down, wait for the information and the rest is history.
- Deyci Pecoraro
I can't blame doctors for dropping out of the program because of the low return on their work and the paperwork they are put through. I owned a business for 30 years and if I had to put up with this government garbage I would have quit long before. We must get rid of this new Obama health bill as soon as possible so our seniors can get decent health care. They seem to want us just to die off. The bill should be illegal because it borders on mass murder.
- Lois Haynes-Tapner
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.