Review of Current Long Term Care (LTC) Solutions
IEEE PCJS PACE Financial Series Talks:
Review of Current Long Term Care (LTC) Solutions
Speaker: Ed Stone, LTCP, Crump Life insurance Services
Additional Information: Iwan Santoso, IEEE PCJS PACE co-chair
The phrase “long-term care" commonly refers to the help that people with chronic illnesses, disabilities or other conditions need on a daily basis over an extended period of time. Statistically, someone turning age 65 has almost a 70% chance of needing some type of supports in their remaining years (longtermcare.gov). To help cover potential long-term care expenses (also to protect our family assets/savings), most people choose to get long-term care insurance.
Since we can't predict what our future care needs will be, the traditional Long Term Care (LTC) insurance may not be the most effective solution financially. With the additions of new LTC products in the last few years, such as Annuity and Life Insurance based LTCs, it is important to understand all the available long-term care solutions to better serve our individual needs. Ed Stone will discuss briefly the basics of LTC, and explain the current available long-term care products, including their advantages and drawbacks.
For additional information:
Iwan Santoso / Hemant Vora, IEEE PCJS PACE co-chair
Date and Time
Location
Hosts
Registration
- Date: 21 Aug 2020
- Time: 12:00 AM UTC to 01:15 AM UTC
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- Starts 13 August 2020 10:08 PM UTC
- Ends 20 August 2020 04:00 PM UTC
- No Admission Charge
Speakers
Ed Stone of Crump Life Insurance Services
Review of Current Long Term Care (LTC) Solutions
Biography:
Speaker: Ed Stone, LTCP
Crump Life insurance Services
Ed Stone has over 40 years of experience in the insurance industry. He has helped protect families with life, disability and long term care planning. For the past 30 years he has specialized in long term care planning as an executive with several major insurance carriers and the past 5 years with Crump Life Insurance Services. He has been a featured speaker at national long term care industry meetings and works with advisors all over the US bringing the message of the need for long term care planning to families.
Ed is graduate of Denison University with a BA in Latin American Studies and the Barney School of Business at the University of Hartford with a Master’s Degree in Public Administration. At Denison he earned three All-America honors in track and was inducted into Denison’s D-Association Athletic Hall of Fame. With his wife of 40 years, Leslie, they have four adult children and live in Barnet, VT where they enjoy two of their four grandchildren and motorcycle touring.
Agenda
8.00 Introduction
8.05 Brief review of Long Term Care (LTC)
8.10 Current LTC products, including their advantages and drawbacks.
9.00 Q&A