Thu, 26 Aug 2010, 12:16:53 EST
Edited by Debra Tone
KIRKLAND, Wash. (SEND2PRESS NEWSWIRE) -- LTC Financial Partners LLC (LTCFP) continues to expand rapidly in spite of a sluggish economy. This month Inc. Magazine ranks LTCFP No. 2,366 among all companies, and No. 29 among companies in the insurance industry, in its annual ranking of the 5,000 fastest-growing private companies in the nation.
KIRKLAND, Wash., Aug. 26 (SEND2PRESS NEWSWIRE) -- LTC Financial Partners LLC (LTCFP) continues to expand rapidly in spite of a sluggish economy. This month Inc. Magazine ranks LTCFP No. 2,366 among all companies, and No. 29 among companies in the insurance industry, in its annual ranking of the 5,000 fastest-growing private companies in the nation. LTCFP made the Inc. 5000 list in 2008 and 2009 as well. Among companies in the insurance category, LTCFP is the fastest-growing one focusing exclusively on long term care insurance sales.
Inc. Magazine bases its award on LTCFP's revenue growth of 106% between 2006 and 2009. Revenues rose from $12.5 to $25.7 million for the three-year period.
What's behind the continued rapid growth? A key factor is knowledgeable, objective service to consumers, according to Cameron Truesdell, CEO. Unlike the insurance-agent stereotype, "Our specialists don't push policies, they answer questions," Truesdell says.
"Long term care insurance isn't for everyone," he explains. "People of limited means may be better off relying on Medicaid; and for those who don't qualify for insurance, a reverse mortgage may be a good way to pay for care. Our specialists guide people to the right choice for them, which may or may not be a long term care policy."
Within the long term care industry, LTCFP ranks high in expertise, impartiality and helpfulness, Truesdell asserts. "Word has gotten around that our people can be trusted and know what they're talking about."
LTCFP's impartiality extends even further. "When a policy is the best option, our agents offer additional choice," says Truesdell. "We don't propose one policy from just one carrier. We represent several leading carriers. We help people find the best policy at the lowest cost from the carrier that's right for their situation."
Information on LTCFP and its ranking is available on the Inc. Magazine site, at: http://www.inc.com/inc5000/profile/ltc-financial-partners . LTCFP agents, covering all states, may be located at http://www.ltcfp.com .
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