2010 brings in a wave of Long Term Care benefits within Annuities and Life Insurance contracts made possible by the Pension Protection Act (PPA) of 2006. PPA opened up a whole new world of benefits for clients who earmark a portion of their savings for medical emergencies. Linked benefit products will substantially increase the leverage of your client's savings dollars from 2 to 5 times their typical value. Additional benefits of PPA products may include:
There's a massive opportunity in moving NQ annuities with substantial gain into PPA-compliant annuities for TAX-FREE withdrawals for LTC expenses.