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  • Your Life Department
14 Dec 2012
Designs In Life
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LTCi

LTCi Partnership Benefit Adustment for CA

For the first time since inception in 1998, the CA Partnership for Long-Term Care announced a decrease in the minimum daily benefit amount (DBA) allowable for Partnership policies, effective January 1, 2013.  The minimum DBA will go from $180/day to $170/day. Existing Partnership...
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14 Dec 2012
Designs In Life
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Uncategorized

FYI: Latest Data on Funeral Costs

When collecting information from your client regarding retirement planning, wealth transfer, and life insurance for premature death, final expenses are always a factor of the equation.   One component of that factor is the cost of the funeral.  Below are the latest estimates...
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12 Dec 2012
Designs In Life
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Uncategorized

AIG IS ‘PAID UP’

In a letter to shareholders dated Dec. 5, 2012, Robert H. Benmosche, President and CEO of American International Group (AIG) announced that the last number of shares owned by the United States Department of the Treasury had been sold, paying off the bailout...
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07 Dec 2012
Designs In Life
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LTCi

PPACA Opens New Door for Funding LTCi

Providing the consumer with additional ways to fund LTCi was one of the accommodations in the The Pension Protection Act of 2006 (PPACA).  Effective Jan. 1, 2010  individuals have new, tax-favored procedures for helping to pay for transferring the probable risk of long term care costs...
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