When you buy long-term care insurance years before you need it, you are taking a gamble that the company will still be around...Read more
Is Your Long-Term Care Insurance Agent Certified?
- September 19th, 2001
If you can afford the premiums and you are insurable, the best solution to the prospect of significant long-term care costs is long-term care insurance. However, long-term care insurance is a complex product, and insurance agents and brokers who sell it need to be highly trained and able to offer impartial advice about competing products. Unfortunately, many sellers do not meet these standards.
ElderLawAnswers believes that a good way to gauge whether an agent or broker is qualified and can offer unbiased advice about long-term care insurance plans is to look for the 'CLTC' designation after his or her name. CLTC, which stands for 'Certified in Long-Term Care,' is the long-term care insurance industry's first professional designation. The rigorous training and testing program, created by The Corporation for Long-Term Care Certification (www.ltc-cltc.com) (CLTCC), has gained wide acceptance in the insurance industry and currently has more than 4,000 graduates and students.
'In many instances long-term care insurance is an appropriate solution to financing long-term care based on the limited options provided by states and the federal government,' said attorney Harry Margolis, founder and president of ElderLawAnswers. 'But we recognize that this is a complex product that needs to sold properly. That is why ElderLawAnswers is pleased to be affiliated with the CLTC program.'
Mr. Margolis continued: 'ELA particularly appreciates CLTC's 'third party' status; the program is not affiliated with any insurance company and does not receive support financially from the industry. That gives it credibility with elder law attorneys and the public.'
'CLTCC is proud to be associated with ElderLawAnswers,' said CLTCC president, Harley Gordon, who is a founding member of the National Academy of Elder Law Attorneys and a former member of its Board of Directors. 'Our goal has always been to offer the industry an unbiased comprehensive program that educates producers about how long-term care insurance can be properly used to solve a client's long-term care needs. ElderLawAnswers' support confirms that CLTC graduates offer consumers the professional advice they need to choose the right product.'
ElderLawAnswers encourages you to visit the CLTCC Web site at www.ltc-cltc.com, where you will find a directory of CLTC graduates in your area, the CLTCC mission statement, and course material.
Local Elder Law Attorneys in Ashburn, VA
Needham Mitnick & Pollack, PLC
Susan Pollack served as Chairperson of the Falls Church Senior Citizens Commission from 1997 to 2011 and was on the Executive Board of the Falls Church Education Foundation. She has also served on the Board of Directors of the Alzheimer’s Association of the National Capital Area and is a member of the Arlington B...
Hale Ball Carlson Baumgartner Murphy PLC
Attorney Samantha Simmons Fredieu is an associate at Hale Ball. Ms. Fredieu graduated magna cum laude from Vermont Law School where she was the symposium editor on the Vermont Law Review, a production editor on the Vermont Journal of Environmental Law, and a member of the Moot Court Advisory Board. She has clerked for...
Margaret A. O'Reilly, PC
Margaret A. O’Reilly is an estate planning and elder law attorney with over thirty-five years of legal experience. Attorney O’Reilly graduated from Duke University with a degree in psychology, and received her law degree from Northeastern University School of Law in Boston, Massachusetts. For over 15 y...