Has Anybody Worked for LTC Financial Partners?

[ltci4sure]

It is about consumers. Genworth writes 35% of the business. People want it.

I am also a consumer. If I saw enough good things about the other product - so will other people when you give them options. They don't always choose GNW.

Today, I wrote $10,000 premium with Mass Mutual and $4500 premium with Genworth

Good for you!

You have neither company. And I have every single company you have.

So why are you trying to find out how LTCFP can benefit a person like yourself? Don't worry, be happy, collect renewals on your $500k annual placed and retire to someplace warm without a care.

I am not patronizing a company that has done anything wrong as far as I know.

Or perhaps you consciously don't want to know?

Maybe your group did something unethical?

I am not associated with LTCFP sales org. How many times do I have to repeat that? Plus, as far as I know their only fault was coming into existence. It'd be hypocritical of you to claim that there is such a thing as "theft" of career agents, do you want to argue otherwise?

Your agents would write more business with a different system.

My agents are doing just fine, thank you. If you have some practical suggestions for LTCFP however - I have seen Irena's number on this thread or the other... give her a call - perhaps there is an executive position for a specialist of your caliber in their org.

 

[Mr_Ed]

Are you choosing to patronize organization which engages in grossly anti-competitive conduct?


Genworth isn't the only fish in the sea, even if it is the biggest. As I have mentioned before, my personal policy is not with Genworth (even though I had that as an option, obviously).


Keyword: marketing. Many clients see through bs pretty well these days and choose what happens to be the best option for them. Often gnw is asked about, but at the end of the day - they're not the ones chosen by the client given side-by-side comparison. State which you do business in matters quite a bit however - especially CA.


It is only a problem in one's mind.

it never ceases to amaze me why agents would go to such great lengths to deceive themselves about a particular LTCi policy or company.

 

[ltcadviser]

So why are you trying to find out how LTCFP can benefit a person like yourself?

perhaps there is an executive position for a specialist of your caliber in their org.

The thread is about the pros and cons of working for LTCFP.

The cons that have been discussed are low compensation, no vesting of renewals immediately, not getting paid directly by the insurance company, and limited access to market makers of long term care insurance.

The pros are company support; camaraderie, training of a product and a selling system for new agents. And possibly company provided leads.

Agents and employees have stated many agents do not actually write much business, even with being given leads. This would be an issue that could/should be addressed. I know I can help in this regard.

Anyone can contact me about executive employment opportunities at any time. Agents that need help with their process can contact me at anytime.

My door is always open.

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it never ceases to amaze me why agents would go to such great lengths to deceive themselves about a particular LTCi policy or company.

Maybe if Genworth and LTCFP would make up and be friends, agents would not have to deceive themselves or consumers.

Why can't someone bring these two groups together? Isn't enough time passed already?

What happened exactly?

I would like to hear the story.

 

[CALTCAgent]

I am also a consumer. If I saw enough good things about the other product - so will other people when you give them options. They don't always choose GNW.

Your system is broken, IMO.

These systems are good for the company, new agent generates leads, they become "B" leads, which are given out as a "free for all". Company sits back and profits.

Turnover is good for company.

So why are you trying to find out how LTCFP can benefit a person like yourself? Don't worry, be happy, collect renewals on your $500k annual placed and retire to someplace warm without a care.

It is good to look at these systems so other agents don't make the same mistakes.

Always looking for ways to improve and learn.

I am not associated with LTCFP sales org. How many times do I have to repeat that?

Until you say your background, I don't believe it. You talk exactly like an executive at the company talks.

You have defended the company more than any other post I have seen on any subject.

The Irena comes here, who is a partner in the company, recruiter and in charge of leads. She is all over the internet if you look her up.

Coincidence?

 

[ltcadviser]

My agents are doing just fine, thank you.

That is great. What is your name? What group do you work with? How can we help you grow your agency?

 

[ltcadviser]

Well, surprise surprise. No response from the internet ghost ally of LTCFP. At least the Northwestern Mutual guys stuck around awhile with their kool aid. And NWML agents were not afraid to identify themselves.

 

[ltci4sure]

Well, surprise surprise. No response from the internet ghost ally of LTCFP. At least the Northwestern Mutual guys stuck around awhile with their kool aid. And NWML agents were not afraid to identify themselves.

Did you miss me? I am so sorry, had been rather busy in the last few days. I am getting tired repeating myself and you two going back to your original misconceptions (e.g. that vesting is not immediate @ltcfp - while it is, if you are an experienced agent). Plus the ever-present ethical ambiguity regarding the little GNW matter (scared for your gnw appointment perhaps, knowing their nature?).

 

[CALTCAgent]

Plus the ever-present ethical ambiguity regarding the little GNW matter (scared for your gnw appointment perhaps, knowing their nature?).

Are you serious?

We are talking about the LTCFP system and the pros and cons. Lets stick to the details, facts and math.

I have no knowledge of LTCFP and GNW dealings. The client comes first anyway.

Do they still charge agents for training?

 

[Mr_Ed]

Plus the ever-present ethical ambiguity regarding the little GNW matter.

There's nothing unethical about an insurer choosing who can sell their product and who can't.

 

[ltcadviser]

There's nothing unethical about an insurer choosing who can sell their product and who can't.

I agree, Scott. In fact, if an insurer determines an agent is unfit to sell its policies I would say it is a fairly big indictment on the ethical nature of the agent.

Today, a woman called me and asked me to settle a choice she had between 2 agents: 1 agent applied her to Genworth PC Flex in NY; the 2nd agent subsequently applied her to Transamerica, did not disclose replacement on the application, and asked her not to accept her Genworth policy in free look period, because she would make more if it was not a replacement. (How big of an *** does an agent have to be to tell a consumer this!)

Genworth policy $2500; Transamerica policy $3900,

She told me Transamerica agent implied Genworth would raise her rate and had weak financials.

I told her to fire the Transamerica agent immediately. Completely unethical agent.

I am trying to get agent's name. Sure hope it is not an LTCFP agent

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Did you miss me?

No.

And your name is? And your agency is?