It’s not just the risks – it’s the consequences. People insure against risks from natural disasters, home fires and car accidents. Yet they often overlook a large risk that can impact families financially, physically and emotionally—long-term care. This new consumer-approved piece showcases the important numbers—the physical, emotional and financial impact on caregivers, and the reasons why someone should plan today (rising care costs, expected caregiver shortages and data on how age impacts someone’s insurability). ICC23 31425 is approved for use in AK, AL, AR, CO, GA, IA, ID, IL, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, NC,
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Effective 1/1/24, lifetime renewals on new business In recognition of our strong results in independent distribution, and our desire to grow this business, Thrivent has enhanced our competitive compensation for you as of January 1, 2024. Going forward, Thrivent has moved from a 10-year renewal cap to lifetime renewals on life-pay policies. This is yet another reason for making Thrivent a regular part of your LTCi offerings. In addition to this competitive compensation, Thrivent offers: Multiple Solutions with our traditional LTCi and linked-benefit solution (CareForward™) A benefit-rich traditional LTCi solution offering competitive features and pricing More ages to insure (18-79
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Tax tools to enable more proactive extended care conversations There are many reasons why clients should create a long-term care strategy. One message that has resonated well with consumers, is on the tax advantages of planning with long-term care insurance. Premiums might be deductible, claims are paid tax-free and some states offer tax incentives for LTCi policyholders. These tools are designed to help you share news on these tax advantages with your clients. LTCi Tax Deductibility Guide Updated with 2024 amounts Many clients are not aware that LTC benefits are paid 100% tax-free, but some or all of the premiums
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A new consumer-approved video helps explain how a fraternal benefits society like Thrivent is different from other types of insurers. This video will also help you with some talking points as you discuss who Thrivent is and how the company is built to serve our policyholders, not shareholders. The shareable link is: https://video.thrivent.com/view/2EKQQJcg59pl8qeUdZTmWb Watch Video   Advisor Resources Thrivent 101 – Understanding the basics of a fraternal benefit society Being a fraternal benefit society makes Thrivent unique in the LTCi space, but how does one explain a fraternal insurer to their clients? This producer reference piece breaks it down so
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Caregiver Resources from Homethrive Last year, Thrivent introduced a valuable new membership benefit: Caregiver Resources from Homethrive. Caregiver Resources include online tools including articles, videos, blogs and checklists on topics related to aging and caregiving. Users can:       • Chat live with an expert.       • Get personalized recommendations.       • Have relevant content emailed to them. And while other services focus on helping clients find the best care facility, Homethrive focuses on supporting caregivers to help aging adults live safely and successfully in their homes as long as they can. Behind Homethrive is
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