CONNECT WITH A 1035 LONG-TERM CARE INSURANCE AGENT
The American Association for Long-Term Care Insurance compiles and maintains a growing list of knowledgeable and independent insurance professionals (agents and brokers) who can help consumers interested in discussing a 1035 exchange as part of their long-term care insurance planning.
The best way to connect is to first call our offices at (818) 597-3227 or to Email us using the Contact form.
QUESTIONS TO ASK YOUR LONG-TERM CARE INSURANCE AGENT
Whether you are considering a 1035 exchange or just looking into long-term care insurance, there are several important things to keep in mind.
First, unlike other insurance policies, which you can switch from year to year, generally you do not change your long-term care insurance. With the exception of a 1035 exchange, it rarely pays.
Second, there can be a significant variation between one company’s plan and another (this is true for both traditional long-term care insurance as well as linked-benefit (LIFE+LTC) policies. Costs can vary. Acceptable health conditions can vary. Future available benefit amounts can vary.
THAT’S WHY THE AMERICAN ASSOCIATION FOR LONG-TERM CARE INSURANCE RECOMMENDS YOU ASK THE FOLLOWING QUESTIONS to the agent or broker you work with:
1. Are you licensed to sell BOTH traditional long-term care insurance AND linked-benefit LTC (life or annuity + LTC) policies?
2. How long have you been licensed to sell long-term care?
3. How many different long-term care insurance companies are you “appointed” with? (Appointed means the agent or broker can earn a commission when you buy that policy. Agents can talk to you about policies even if they are NOT appointed to sell the policy … but they can only sell … and get paid if they are appointed to sell by that particular insurance company.
A MESSAGE TO AGENTS FROM JESSE SLOME
Director of the American Association for Long-Term Care Insurance
Our goal in creating this website is to help educate consumers and to deal with the many questions they call asking. We do direct interested consumers to agents we believe are knowledgeable and dedicated to meeting the needs of consumers. If you would like to learn more, please feel free to contact our offices.
LINKS TO OTHER IMPORTANT SITES
Long-Term Care Insurance Quotes
Local Medicare Supplement Agents National Online Directory
Learn About Short-Term Care Insurance – A Low Cost Option for Many
Low-Cost E&O Insurance for Agents with No Added Membership Fees
1035 Exchange Information from the American Association for Long-Term Care Insurance
Association available first-time discount Overseas Adventure Travel