Send2Press » U.S. and World News » Insurance » Trailblazing Long Term Care Insurance Organization Celebrates 15 Year Anniversary
PRESS RELEASE

Trailblazing Long Term Care Insurance Organization Celebrates 15 Year Anniversary

OVERLAND PARK, Kan. (SEND2PRESS NEWSWIRE) -- The National LTC Network is celebrating 15 years as a national leader in long term care insurance distribution. The Network counts among its 30 member firms some of the most-respected and successful firms in the industry. 'The Network is a unique organization, consisting of firms that are competitors, but that have come together to share best practices and address common long-term care insurance industry issues,' commented Terry Truesdell, President and CEO.
long term care
Wed, 28 Oct 2009, 13:45:46 EDT
         
Source: National LTC Network
Editor: Carly Zander

OVERLAND PARK, Kan. (SEND2PRESS NEWSWIRE) -- The National LTC Network is celebrating 15 years as a national leader in long term care insurance distribution. The Network (www.NLTCN.com) counts among its 30 member firms some of the most-respected and successful firms in the industry. "The Network is a unique organization, consisting of firms that are competitors, but that have come together to share best practices and address common long-term care insurance industry issues," commented Terry Truesdell, President and CEO. "Another unique aspect of the Network is that its members represent a number of different LTCi sales focuses and distribution channels, including traditional brokerage, general agents, and highbred sales operations using components of both."

Members include trailblazers in workplace sales, association sales, and traditional individual sales.

Larry Feldman, CFK LIFE Plans, Inc., was one of the Network's founders. "The genesis for The Network came during a dinner conversation in Chicago," Feldman stated. "There was genuine excitement and enthusiasm, since back in the 1990s there were few dedicated long term care insurance general agents across the country. We were lone wolves, operating in separate dens across the country. By talking shop, we helped pave the way for a new insurance industry." Feldman authored one of the first books on long term care and care insurance, "When Caring Isn't Enough" (ISBN-13: 978-1891042119), published in 2000.

Peter Gelbwaks, Network founding member and Chairman of Gelbwaks Insurance Services, Inc., observed: "Who could've though you could put competitors together and that they would actually agree to help each other out? This situation continues to this day and has greatly benefited the individual members, the Network as an entity and the LTCI industry overall."

Founding member Barry Eldridge, President of Individual Commercial Brokerage, Inc., commented on how the LTCi industry and sales have changed since the Network was founded 15 years ago: "Client knowledge of long term care insurance was almost nonexistent, while today they know about the product. In the past, LTCi sales were about protecting assets, and now they are mainly about protecting income." Commenting on the secret of the group's longevity, Eldridge continued: "In the Midwest there's a saying 'I'd have you over for dinner,' meaning that I approve of your character. With all Network partners, I can say I'd have them over for dinner."

The Network site: www.NLTCN.com .

News Source: National LTC Network
MEDIA CONTACT INFORMATION:
For questions about the above press release, please contact the news source (“National LTC Network”) and not Send2Press®.

View/download original release with contact info:
Plain text copy  |    PDF text copy
 
  LEGAL NOTICE AND TERMS OF USE:  
The content of the above press release was provided by the “news source” (National LTC Network), who is solely responsible for its accuracy. Send2Press® is the originating wire service for this story “Trailblazing Long Term Care Insurance Organization Celebrates 15 Year Anniversary” and content is Copr. © 2009 National LTC Network with newswire copy Copr. © 2009 Send2Press (a service of Neotrope). All trademarks acknowledged.

Rights granted for reproduction by any legitimate news organization. However, if news is cloned/scraped verbatim, then original attribution must be maintained with link back to this page as “original syndication source.” Resale of this content for commercial purposes is prohibited without a license. Reproduction on any site selling a competitive service is also prohibited. Information is believed accurate, as provided by news source or authorized agency, however is not guaranteed, and you assume all risk for use of any information found herein/hereupon. This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.
STORY READS as of Friday, Oct 31 2014 - 09:24:32 AM EDT:
4238 times (1 today, 13 this week, 49 this month, 391 this year)