Hancock LTC Beefit Period

[InsuranceBrah69]

as far as 3yr vs 5yr etc....

I do not understand as far as if the face value outlasting the benefit period.

 

[Mr_Ed]

here's a good explanation to that question:

Will my long-term care policy stop paying benefits at the end of my "Benefit Period"? « LTCShop.com



nadm

 

[InsuranceBrah69]

thankyou

is 5000 a month the average benefit? I honestly don't know how to pitch the benefit because there is such variation in what this product will be used for.

 

[yankee466]

thankyou

is 5000 a month the average benefit? I honestly don't know how to pitch the benefit because there is such variation in what this product will be used for.

It sounds like you need to team up with a LTC specialist......as there are so many moving parts to these products. You will not be doing your client a service if you are trying to figure this out at the same time.

LTCi is an infinitely configurable product, from a variety of carriers that offer different features and functions.....designed to cover a situation that you hope never occurs.....and if it does occur you have no idea when and for how long. Other than that, it is an easy sale.

 

[billberry12]

I agree with yankee. You need to find a LTCI specialist that has sold a lot of polices over a long period of time. Someone who basically has made a living writing LTCI for several years.

And please take the word "pitch" out of your vocabulary. It makes you sound like a door to door fuller brush salesman.

 

[CALTCAgent]

as far as 3yr vs 5yr etc....

I do not understand as far as if the face value outlasting the benefit period.

There is no "face value" in a traditional LTC plan. You probably mean "pool of money". If you are talking about a hybrid type plan, different story.

You are going to want to tailor the product to the situation.

I agree with the others, you should team up with a LTC specialist.

Maybe the title of this post can be fixed? (benefit spelled wrong)