May 13, 2022
Over the past two years, life insurance and long-term care insurance have been growing at a rapid pace. On today’s episode, Alecia Barnette, FIG’s Senior Vice President of Care Planning, joins us to discuss the growing role long-term care is playing in financial and retirement planning. With not a lot of departments offering such services, Alecia is changing the field with FIG’s Care Planning team.
With a record start to the year, Alecia helps advisors serve the growing needs of their clients, while also staying up to date on trends in long-term care. We are going to break down trends in the market, product innovation, and how she’s helping advisors implement a holistic financial plan that covers health issues on today's show.
More about Alecia and her team: https://www.figmarketing.com/#!/ProductRD/Alecia-Barnette
Listen for these key points:
2:05 – Welcome Alecia!
6:18 – How to start implementing long term care
9:04 – Business model protection
10:07 – What is the monthly cost?
11:00 – Why are people more aware?
13:17 – The cost is going to go up
14:22 – Working with Alecia
15:55 – Long term care planning workshops
18:09 – Making advisors and clients aware of their options
20:14 – Reach out if you have questions!