BC June 2023 Newsletter

Peter C. Ciravolo
Jun 14, 2023
2 min read

Hello there!

We trust your summer is off to a great start!

Tax season is well over and Summer break is well underway. We hope that you are able spend as much time as your are able to with your family and friends. - Here is what we've been up to at BC Brokerage over the last month:

Check out Broc's appearance on the Elementality Podcast! How do we find partners who share our fiduciary mindset & prioritize clients' best interests? Abby Morton chatted with Broc Buckles about how to approach this.

Elementality Podcast Link

We have been having more conversations around Long Term Care and LTCi

Do you understand the current insurance products available on the market?

Traditional LTC insurance
Hybrid/Asset Based LTC insurance
Life Insurance w/ Qualified LTC rider
LTC Annuities

Other LTC funding options:

Self-funding
Reverse Mortgage
Life Insurance w/ Chronic Illness Rider
Medicaid / Spend Down / Transfer planning

LTC insurance isn't about insuring the full amount anymore. It is about finding what risk the client wants to transfer, and what they are willing to budget for.

Insurance is a tool, and LTCi has leverage toward LTC costs. Plain and simple.

LTCi isn't completely about the insured, it is also a peace of mind for the family.

Check out our latest podcasts with:

Leland Gross from Peacelink Financial

Zack Hubbard from Greenspring Advisors

New Only Fee-Only podcasts!

We are at 52 episodes strong and have new episodes releasing weekly. Learn from other planners on how they are building their RIA.

Only Fee-Only Podcast

Yes, we offer Ladder Life!

Pros: No medical exam under $3m guaranteed! Very quick if healthy. Cons: No living benefits, no convertibility, pricing 15-20% higher due to less underwriting requirementsLadder Life Link

Improvements are being made to the forms

on the BC website and advisor portal!