![\"alphabetsoup\"](\"https:\/\/i0.wp.com\/www.himmelsteinfinancial.com\/wp-content\/uploads\/alphabetsoup.png?resize=635%2C114\")
<\/p>\n<\/p>\n
ABR, LTC, CC, TC, and other confusing abbreviations<\/p>\n
Life Indemnity Critical Care, ABR and LTC Riders are most talked about today because if added to a life policy we all know that either the client if they pay all premiums will either collect while they are living based upon the riders or their beneficiaries will collect when they leave this earth permanently.<\/span><\/p>\n 1) The Old Fashioned LTC products offered by fewer carriers<\/b> Most professionals are not knowledgeable about all of the products and choices. As we well know the good old fashioned LTC products offerings are de- Many of us know about the Bundled product marketed by few companies However, the latest and greatest is the rider on a life policy which could either be a LTC rider based on a reimbursement basis (with a charge of costs on the policy, included in a policy), as an ABR Accelerated Benefit Rider (not charged until claim happens), or as another type of rider on an indemnity basis (where the client gets cash to use any way they desire).\u00a0 Usually the latter 2 ways, as a rider included in cost ABR or as Chronic Care usually have the trigger be suffering 2 out of the 6 ADL\u2019s and requiring expected help for the remainder of life.<\/p>\n Many companies offer this product on many of the permanent type policies including WL, GUL, indexed UL, VUL SUL, SIUL and SVUL chassis. Depending upon your state a company might show a presence of these riders on any or all these products<\/p>\n Our agency is most excited about these last offerings and we have found that we have been getting competitive and even standard offers for people who have been totally declined for LTC.\u00a0 We have a few companies that have different approaches and can give you the Most Competitive Offerings.<\/strong><\/p>\n ABR, LTC, CC, TC, and other confusing abbreviations Long Term Care in the past was the only way one could get coverage for extended stay or services relating to Convalescent Care or Supervised Care. Life Indemnity Critical Care, ABR and LTC Riders are most talked about today because if added to a life policy we […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[1],"tags":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pdUwpZ-86","jetpack-related-posts":[{"id":791,"url":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/tax-leveraging-the-new-tax-law\/","url_meta":{"origin":502,"position":0},"title":"Tax leveraging the new tax law","date":"04\/03\/2018","format":false,"excerpt":"Tax leveraging the new tax law Under the new tax structure, businesses may elect to be taxed at a lower rate than individuals that own them. Many owners and their key people may be personally taxed as much as 37% federally.\u00a0 Even this new rate can be a misnomer because\u2026","rel":"","context":"Similar post","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gallery.mailchimp.com\/98ad10abd4ba836a05eaa66a0\/images\/c48dc069-7894-485b-978a-1452acb7403c.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":795,"url":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/tax-leveraged-long-term-care-plan\/","url_meta":{"origin":502,"position":1},"title":"Tax Leveraged Long-term Care Plan","date":"04\/06\/2018","format":false,"excerpt":"There is an opportunity for your company to pay for a Long-Term Care policy which may be leveraged between different tax brackets, either between your company and yourself and\/or your company and a key employee.\u00a0 The Himmelstein Financial, in cooperation with Lincoln Financial, designed a solution for business members which\u2026","rel":"","context":"Similar post","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.himmelsteinfinancial.com\/wp-content\/uploads\/Tax-Leveraged-LTC-SPlit-Dollar-Plan-300x232.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":376,"url":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/life-after-ag-48-the-law-the-effects-the-opportunities\/","url_meta":{"origin":502,"position":2},"title":"Life after AG 48 The Law, The Effects, The Opportunities","date":"05\/11\/2016","format":false,"excerpt":"The Companies are afraid The representatives are afraid The clients are afraid Life is great. \u00a0Now companies have to make sure the printouts they arm us with are ones the company can deliver over time. \u00a0Ain\u2019t that a kick in the pants.\u00a0\u00a0Isn\u2019t this what companies were\u00a0suppose to be doing\u00a0all along.\u2026","rel":"","context":"Similar post","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":786,"url":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/professional-tax-relief-act-of-2018-reap-the-rewards\/","url_meta":{"origin":502,"position":3},"title":"Professional Tax Relief Act of 2018 Reap the Rewards","date":"03\/27\/2018","format":false,"excerpt":"These are exciting times because for the first time in years there are tax breaks that a professional can get that they didn\u2019t have available before.\u00a0 The unintended consequences of the recent tax act gave opportunity to the professional person that fits in the category if they wanted to be\u2026","rel":"","context":"Similar post","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":943,"url":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/have-you-checked-your-clients-term-today\/","url_meta":{"origin":502,"position":4},"title":"Have You Checked Your Clients Term Today?","date":"02\/01\/2019","format":false,"excerpt":"Have You Checked Your Client's Term Today? Term Insurance - Easy And Profitable Everybody Has Term Insurance Through work Through Association Individual All Of These Policies Have Disconnects *Click Here for\u00a0Disconnects for Group and Association\u00a0 *Click Here for\u00a0Disconnects for\u00a0Individual\u00a0Policies Items to Check on All Policies For Comparison Age Last, Age\u2026","rel":"","context":"Similar post","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":914,"url":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/multiple-policies-are-better-cont\/","url_meta":{"origin":502,"position":5},"title":"Multiple Policies Are Better Example 2","date":"01\/15\/2019","format":false,"excerpt":"MULTIPLE POLICIES ARE\u00a0BETTER!\u00a0(Ex. 2) \u00a0 The second one has someone who wanted some permanent protection but wanted a lot for survivor income. So in this case, the client wanted 20 year term until his kids were 25 and wanted a permanent coverage that had a decent chronic care rider. He\u2026","rel":"","context":"With 2 comments","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.himmelsteinfinancial.com\/wp-content\/uploads\/Composite-of-illustrated-values-2.png?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/wp-json\/wp\/v2\/posts\/502"}],"collection":[{"href":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/wp-json\/wp\/v2\/comments?post=502"}],"version-history":[{"count":29,"href":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/wp-json\/wp\/v2\/posts\/502\/revisions"}],"predecessor-version":[{"id":534,"href":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/wp-json\/wp\/v2\/posts\/502\/revisions\/534"}],"wp:attachment":[{"href":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/wp-json\/wp\/v2\/media?parent=502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/wp-json\/wp\/v2\/categories?post=502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.himmelsteinfinancial.com\/index.php\/wp-json\/wp\/v2\/tags?post=502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}We Now Have More New Unique Ways to Solve for LTC<\/h4>\n
\n2) The Bundled Single Premium LTC Life products<\/b>
\n3) Life with LTC Rider<\/b>
\n4) Life with the Critical Care Rider<\/b><\/span><\/p>\n
\nRather than be verbose and bore everybody with facts we will be happy to forward
\nyou a link so you can get a complete explanation of these product. The ones in the
\nred will be highlighted in this article.<\/p>\n
\ncreasing rapidly and many of our clients will not qualify for these policies.
\nEven with limited offerings,\u00a0 we are prepared to give you a spreadsheet of
\nthe current providers that compares prices and benefits complimentary<\/b><\/span><\/span><\/span><\/b><\/p>\n
\nwith a single premium or Short pay that has LTC benefits highlighted but
\nalso has a smaller residual death benefit.\u00a0 This can fit many situations and
\nwe have some of the best that we can illustrate for you<\/b><\/span><\/span><\/span>.<\/b><\/span><\/span><\/span><\/p>\n
\n![](\"https:\/\/i0.wp.com\/www.himmelsteinfinancial.com\/wp-content\/uploads\/questions.jpg?resize=300%2C115\")
<\/h3>\nQuestions that came up from last week\u2019s mailing<\/span><\/h3>\n
1. Can I get my declined LTC prospects insured?<\/h4>\n
2. Can I buy this in a trust?<\/h4>\n
3. Is there a version that my competitors don’t have?<\/h4>\n
4. Is there a way I can show large cash values first year?<\/h4>\n
5. Can this be used as the anchor for the (IACT) sale?<\/h4>\n
\u00a0\u00a0\u00a0\u00a0 insured asset conversion trust<\/h4>\n
6. Can this protect my clients assets and allow them to<\/h4>\n
\u00a0\u00a0\u00a0\u00a0 get a higher income by obtaining a SPIA or a deferred SPIA.<\/h4>\n
7. Is the above approach better than these Indexed Living Benefit<\/h4>\n
\u00a0\u00a0\u00a0\u00a0 riders on index annuities?<\/h4>\n
8. Can I use this in a Buy Sell?<\/h4>\n
9. Can I use this as a corporate benefit?<\/h4>\n
\nWe are experts and will answer all of these questions.
\nCall us Today, We’d Love to hear from You!<\/h4>\n
\nQuestions ? Call Paul !<\/h4>\n","protected":false},"excerpt":{"rendered":"