Life/LTC Combo Products Are NOT Cheaper Than Stand-alone LTCi Policies

[ltcadviser]

A client bought a 6 pay Lincoln Moneyguard policy through me 2 months ago. Diagnosed with brain cancer today. Terrible situation but has the life insurance benefit and a 0 day ep if he needs care.

 

[wln417]

Terrible is right. Too bad he bought it through you.

A real insurance agent would have sold him a policy that included a critical illness living benefit, and he wouldn't have to wait to see "if he needs care."

 

[ltcadviser]

Terrible is right. Too bad he bought it through you.

A real insurance agent would have sold him a policy that included a critical illness living benefit, and he wouldn't have to wait to see "if he needs care."

I suggest you do that with your clients that approach you to obtain long term care coverage.

 

[Mr_Ed]

Terrible is right. Too bad he bought it through you.

A real insurance agent would have sold him a policy that included a critical illness living benefit, and he wouldn't have to wait to see "if he needs care."

don't be such an ass.

 

[Mr_Ed]

interesting discussion on this topic at CNBC


What the heck is hybrid insurance?

 

[ltcadviser]

interesting discussion on this topic at CNBC


What the heck is hybrid insurance?

Come on Scott, What was interesting? Nothing of substance was said? Just more click-bait which is what the whole internet has become. Worthless mindless click-bait.

 

[Mr_Ed]

Come on Scott, What was interesting? Nothing of substance was said? Just more click-bait which is what the whole internet has become. Worthless mindless click-bait.

you missed that awesome exchange between LTCShop and some agent in NC. He sold his wife $200K life/ltc IUL for over $400 per month in premium, thinking it was just a little bit more premium than a straight LTCi policy.

He was shocked to learn that his wife could have gotten $200K of LTCi for about $130/month.

 

[ltcadviser]

you missed that awesome exchange between LTCShop and some agent in NC. He sold his wife $200K life/ltc IUL for over $400 per month in premium, thinking it was just a little bit more premium than a straight LTCi policy.

He was shocked to learn that his wife could have gotten $200K of LTCi for about $130/month.

I was shocked to write $650,000 of hybrid premium this week.

Shocked, I tell you.

Just went back to see your exchange.
Scott, please take it easy on the LTCi rookies

 

[ltci4sure]

don't be such an ass.

What a nice bunch-o-folks Y'all are... one of these days someone should organize "no holds barred" insurance agent league, televised of course. UFC would go out of business.

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Come on Scott, What was interesting? Nothing of substance was said? Just more click-bait which is what the whole internet has become. Worthless mindless click-bait.

Rrright... Spamming Wikipedia on the other hand... those were the good times.

 

[Mr_Ed]

What a nice bunch-o-folks Y'all are... one of these days someone should organize "no holds barred" insurance agent league, televised of course. UFC would go out of business.

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Rrright... Spamming Wikipedia on the other hand... those were the good times.

oh, how we've missed you.