KIRKLAND, Wash., Feb. 13, 2013 (SEND2PRESS NEWSWIRE) -- Until recently, long-term care financing has been offered to Americans primarily in the home; and the means of financing has been limited to LTC insurance, for the most part. That's no longer so with LTC Financial Partners, LLC (LTCFP), one of America's largest and most experienced LTCi agencies.
The company is expanding aggressively into the worksite market by forming alliances with employee benefit brokers. And in the consumer market, LTCFP now offers alternative products to support plan design -- products such as annuities, reverse mortgages, and life insurance with LTC riders.
The company is, in effect, increasing the size of its "store" and the breadth of its selection. The move, perhaps a bellwether for the industry, solves two big problems for millions of longer-living Americans.
First, LTC insurance has been much less available than regular health insurance, since only the latter is widely available as an employee benefit. "With our partners, we're starting to change that," says Cameron Truesdell, CEO of LTCFP. "We're out to make LTC protection a common benefit choice, just like medical or dental."
Second, long-term care insurance isn't right for everyone, and not all can meet the health requirements. "Millions are left out," says Truesdell. "So we're becoming a one-stop shop with something for everyone."
Truesdell points out that good health is not a requirement for reverse mortgages, which can be a tax-favored source of cash to pay for care. So can life insurance policies with long-term care riders, he says. And for people wealthy enough to self-insure, annuities can be a vital part of estate planning, with funds earmarked for care, if needed, or for other uses.
LTCFP's reverse mortgage, annuity, and life insurance businesses are in their infancy but growing rapidly. Ditto for the worksite business, according to Truesdell. "By the end of 2013, we expect over half our volume to come from employee benefit programs."
The following LTCFP specialists are available to answer questions about LTC financing for individuals or employee groups. In addition, they can advise on payment alternatives including reverse mortgages, annuities, and life policies with LTC riders.
The specialists are:
CA: Paula Taylor -- 510-763-5002
CA: Phyllis Solgere -- 909-627-5587
CA: Laura Weber -- 714-674-0190
CA: Sarah Fisher -- 510-230-4301
CA: Jim Valentine -- 408-792-0540
CA: Petra Petry -- 949-351-0347
CT: Larry Golfin -- 860-677-4075
CT: Steve Foss -- 860-539-0674
CT: Leonard Wik -- 860-432-1870
FL: George Braddock -- 305-378-8091
FL: Janet Washburn -- 239-404-7590
GA: Belen Hickman -- 404-245-2444
GA: Amy Pollock -- 404-237-1189
ID: Linda Hicks -- 208-331-2803
IL: Cheri Davis -- 773-531-0669
IL: Robin Frank -- 773-774-2600
IN: Kirk Bennett -- 260-969-1310
MI: Tom Varner -- 810-796-2405
MI: Marybeth Bayer -- 734-222-9882
MN: Jennifer Ragborg -- 952-898-2750
MO: Wendy Rinehart -- 816-886-2358
MO: Keith Eisberg -- 573-303-3007
NE: Larry Heinert -- 402-339-8643
NE: Larry Neuwirth -- 308-635-2023
NJ: Michael B. FitzPatrick -- 862-242-8787
NJ: Richard Landau -- 201-476-0880
NJ: Gary Melnikoff -- 201-265-1958
NJ: James Cundari -- 973-450-1074
NY: Steve Brefere -- 914-234-7767
NY: Virginia Lee Kintz -- 866-582-6074
NY: Sheila White -- 631-893-4040
NY: Jennifer Lenihan -- 631-262-7167
NY: Susan Lenihan -- 631-262-7167
NY: Jay Charno -- 516-935-4029
NY: Gene Cutler -- 516-869-6767
NY: Michael Robinson -- 516-612-4936
NY: Ronald Brie -- 212-799-3900
NY: Dana Dee -- 716-983-1316
NY: Ray Donnelly -- 516-747-1809
OH: Thomas Hodges -- 513-519-6010
OH: John Cullen -- 419-797-9210
OH: Pattianne Baran -- 216-409-0859
OH: Brenda Gray -- 513-541-3968
OK: Samuel Walker -- 405-816-0868
OR: Diane Steeves -- 503-297-7677
PA: Kevin Bressler -- 610-783-6970
PA: Anthony Camill -- 412-445-6171
PA: Cathy Allen -- 610-588-0852
SC: Pamela Loesch -- 843-856-4141
SC: Madeline Wade -- 317-259-4113
TN: Mark Wardell -- 901-337-4146
TN: Teresa Will -- 931-619-1852
TX: Bill Holland -- 817-283-7221
TX: Kay Nettles -- 713-466-4614
TX: Kat Roebuck -- 281-431-4033
TX: Kim Beckham -- 361-579-9663
VA: Linda Sotirion -- 757-646-6820
VA: George Polizos -- 757-291-8505
VA: Patricia O'Neill -- 703-534-3255
VA: Penny Gilbert -- 703-281-0914
VA: Michael Zuchowski -- 757-467-1354
VT: Tod Warner -- 802-985-4930
WA: Christine Khemis -- 888-582-5364
WA: Lucille Smith -- 206-877-3456
WI: Lynette Schiefer -- 920-434-4559
WV: Deborah Bailey -- 304-744-0111.
LTC Financial Partners - http://www.ltcfp.com - is actively recruiting new specialists. "We don't have enough people to maximize the opportunities," Truesdell says.
*(Photo Caption: LTCFP CEO Cameron Truesdell.)
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