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  • LTCI's tax savings still overlooked
    By Jesse Slome
    On November 9, 2006, with little fanfare, the Internal Revenue Service issued Revenue procedure 2006-53, which outlined deductible limits for tax-qualified long term care insurance premiums. For a 65-year-old couple, for example, each buying a policy, the tax-deductible limit can be as much as $5,900, making long term care insurance not just one of the few remaining tax deductions, but also one of the industry's best-kept secrets.

    | 1 comment on this Article | More in Long Term Care |

MORE FROM AMERICAN ASSOCIATION FOR LONG-TERM CARE INSURANCE

  1. Overcoming objections from LTCI prospects
    Objections are an inevitable part of sales. Read this article to find out why this statement is especially true today with long term care insurance.
  2. First national study looks at buyers of life and LTC policies
    This article highlights results from the first national study examining trends in life and LTC insurance policies.
  3. New guides address increased tax deductions for long term ca...
    This article discusses two new guides explains 2010 tax deductibility rules and limits for individuals and business owners purchasing long-term care insurance.
  4. IRS holds pension limits; increases LTCI 3%
    The Internal Revenue Service (IRS) has announced increased deductibility levels for long term care insurance policies purchased in 2010.
  5. AALTCI: LTC costs increase about 4% in past year
    Findings from the AALTCI indicate that costs for coverage increased about four percent from the prior year.
  6. Long term care insurance: Trends and opportunities
    What's driving the continued growth of new policy sales, and how can you capitalize in the year to come?
  7. 180,000 Americans receive long term care insurance benefits
    Some 180,000 Americans with long-term care insurance policies were paid benefits in 2007, according to a just-conducted study released by the American Association for Long-Term Care Insurance.
  8. Trends in group long term care insurance
    When it comes to buying long term care insurance protection, there are some significant differences between those purchasing group (employer-sponsored) coverage and those purchasing on an individual basis (typically through an insurance profession...
  9. AALTCI study examines LTCI claims
    This article details a recent study explaining why LTC insurance can certainly pay off.
  10. AALTCI's 2009 LTCI Price Index
    Read this article for details from the AALTCI's 2009 LTCI Price Index.
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WELCOME MESSAGE

If you're in the long-term care insurance business, you should belong to the American Association for Long-Term Care Insurance. Founded in 1998, AALTCI is the nation's leading independent, organization dedicated to professionals working in or serving the LTCi marketplace.

The Association was established to:

Meet the needs of agents, brokers, financial professionals and insurers involved in the long-term care insurance marketplace.

Serve as a forum for members to meet, exchange information and support efforts to improve the marketplace for long-term care products.

Make available sales-related training, savings on LTCi-related products and services and develop generic consumer information that augments company-sponsored programs.

Support LTCi Certification programs for producers that are of high quality and affordable to the largest number of professionals.

Create heightened awareness among consumers for the need and benefits of owning individual and employer sponsored LTC insurance.

 

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