Old War War II Vet needs Long Term Care
Jack is a 96 year old veteran of WWII. He was a medic and was active in the Battle of the Bulge and other campaigns. After the German surrender, he was sent to Washington State in preparation for the upcoming invasion of Japan. However, he says he was “saved” from sure death by the atom bombs, which forced the Japanese surrender. He then returned to Florida to resume his life and became employed as a jeweler. In the 15 years following the war, he was widowed, remarried, fathered three children and adopted another. In 1954 he bought[…]
If I need Long Term Care–I’ll Just Shoot Myself
One of LTC Tree’s most senior writer was asked to offer some thoughts as to why men—more so than women—are often not receptive to the idea of long term care insurance. As a retired counselor, with many years experience dealing with many levels of folks not wanting to deal with what is usually in their best interests, I find this to be a most interesting dilemma. LTC Tree agents say that many of the men they talk to, boastfully state:
if should they should ever get to the point where they need others to take care of them, rather than[…]
Why You May Not Be Able to Buy Long Term Care Insurance
It was Spring of 1999 and I was a rookie Long Term Care Insurance agent for one of the major companies. We worked for an aggressive agency here in Atlanta that really pushed hard to get marginal cases approved. That Spring, I along with my class of agents were of course hungry for a sale as I’d spent the first six months working for free, called the “pre-agent” process. This was essentially a time period where that you were not paid unless you made a sale and would weed out the non-serious agents. I really needed to get my[…]
Shock, Genworth Long Term Care Insurance is Pulling out of California
LTC Tree just heard through sources that Genworth will cease writing California Long Term Care Insurance business 3/21/2013. This action is due to the fact that Genworth still has their old California Long Term Care Insurance product active in the state. The product that will be taken away in California Long Term Care Insurance market, is the Genworth LTC Choice and California Long Term Care Insurance Partnership version. Those plans still have the old rates from at least four years ago, with no potential in sight for approval on the new products and pricing.
Obviously, when a company cannot control it’s own pricing,[…]
Huffington Post Long Term Care goes Wild on Genworth
After reading a Huffington Post Long Term Care article entitled: Genworth Financial Exploits Obamacare Loophole To Charge Women More For Insurance, we had to respond to the irrational logic the journalist who wrote the piece expressed. The position of fairness she took just does not hold water with multiple other insurance products where men pay much higher rates… say Life Insurance or Auto Insurance!
Huffington Post Long Term Care Slams Genworth with Hyperbole
Here’s a bit from the Huffington Post Long Term Care article on Genworth:
Many women soon can thank Obamacare for ensuring that they won’t have to pay higher health insurance[…]
Genworth Privileged Choice Flex 2 Changes
Change is Coming to Genworth Long Term Care Insurance
We just received official word that on April 15, 2013, Genworth Financial will be rolling out their new Genworth Privileged Choice Flex 2 Long Term Care Insurance product in virtually all states. This new product will have some major changes and will be the biggest one-time shift in underwriting the Long Term Care Insurance has ever experienced in history. It’s a much needed change to keep the industry healthy for the long-term. After all, the companies need to be financially sound for years to come, so improving internal processes and standards is to be[…]
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