WE EXIST FOR
3 SIMPLE REASONS.
- Expand the value they provide to their clients
- Increase their revenue
- Reduce their professional liability
(in many cases, liability they are unaware exists)
Addressing the single largest threat to those nearing or in retirement, and the well-being of their Families
Our ProAdvisor Network helps you achieve all three.
The issue
In recent years, Long-Term Care has emerged as the single largest threat
to retirees, their savings, and just as importantly, the well-being of their families. With ongoing medical advances and new innovative prescription drugs, our life expectancies continue to increase, resulting in a greater need for care along the way. Whether it be Home Health Care, Assisted Living, or a Nursing Home Facility, the need is real and the thought of buying a long-term care insurance policy to address the issue with its many limitations is not only unappealing, but also becoming an antiquated approach to covering this expense.
We offer a better way.
Video
By the numbers
According to a study conducted by Genworth, it is estimated that:
- 69% of Americans 65 years old or older will need some form of Long-Term Care in their lifetime.
- Yet, ONLY 3% of Americans 65 years old or older have addressed Long-Term Care.
In pure numbers:
- 55.8 MILLION – The number of Americans who are 65 years old or older
- 54.1 MILLION – The number of Americans 65 and older who are NOT prepared
While this creates a critical issue for those not prepared, it also represents a major opportunity for those professionals addressing it.
The Reality
The opportunity
Professional Model
This model is built for those professionals interested in offering our strategy themselves. This would require proper licensing to do so.
Partnership Model
This model is built for those professionals interested in attending meetings jointly with a ProAdvisor Network Agent who will conduct the Long-Term Care presentation on their behalf. This would require proper licensing.
Associate Model
This model is built for those professionals that prefer to simply refer leads to a ProAdvisor Network Agent located in the same geographic area who conduct meetings in-person with their client or prospect.
Regardless of the level you prefer, we provide all presentation materials, case design, and all post-sale administration and underwriting to make the process simple and easy for both you and your client.
Note: Regardless of the level desired, our agents sign NDNCA’s with both us and you to protect your core business and client relationships. Our business is solely Long-Term Care, and we conduct it with you as a part of the process throughout.
Revenue options
Adding strategic Long-Term Care services to your offerings provides the opportunity to add tremendous revenue to your bottom line. We offer 3 core revenue models:
- Commission Model – For those professionals that are either properly licensed or desire to be.
- Marketing Fees – For those who choose not to be licensed and prefer to be compensated for lead generation.
- Contracted Services – For those providing services that enhance/support our core Long-Term Care strategy placement.
Core partner professionals
While there are several Professional Service Providers that offering Long-Term Care services might make sense for, the core professionals we typically partner with include:
Property & casualty professionals
Medicare agents
Attorneys
Structured settlement agents
Financial advisors
Financial institutions
Accountants
Employee benefit firms
Third-party administrators
Payroll
companies
Assisted Living
Facilities
Member
Associations
Testimonials
After considering Long-Term Care as a natural extension of my primary business, I partnered with Whitestone Long Term Care and so happy I did. The concept of long-term care solutions other than Long-Term Care insurance makes tremendous sense to me and fits my practice very well. I engaged their "Partnership Model" business model, which allows me to avail my clients to Whitestone's expertise, while also allowing me to be a part of the process. The program has allowed me to expand my services, help my clients at a higher level and greatly increase my income while doing so. Thanks again!
Our agency has offered services beyond our core P&C products for years. Generally, we offered life insurance and even considered financial planning, although never did so. We never considered long-term care because LTC insurance is the only solution we were aware of. After speaking with Whitestone, we had a better understanding of what we believe is a much better option and it provided the opportunity to further help our clients. What we didn't realize was while it allowed us to expand our business by offering an important service to our existing clients, it also provided a fantastic opportunity to expand our client base. Whitestone took the time to understand our business, provided marketing tools that fit our personality, and provided our Whitestone agent, Sharon, who provides all of our LTC services on our behalf. She meets with our clients right in our office with us attended the meeting. Our relationship has proven to be a tremendous and beneficial relationship for both our clients and our firm.
I'm a financial advisor that never thought seriously about offering Long-term care as a part of my practice - until speaking with Steve Gordon at Whitestone Long Term Care and learning 4 extremely valuable lessons. First, I didn't realize the liability I potentially faced by not addressing the issue. Second, I was not aware of the legislative actions being taken by a growing number of states that will potentially incent people to get prepared. Third, I was not aware of just how many professionals are beginning to address LTC and as a result, putting my client relationships at risk if I allow a competitor to address the issue rather than me. Fourth, I had no idea that a strategy like Whitestone's existed which allows my clients to address the issue WITHOUT long-term care insurance. Finally, from a business perspective, I had no idea how lucrative addressing the issue could be. I'm so thankful to be working with the team at Whitestone!
contact us
If you’d like to learn more about how we might be able to help you add this critical service to your professional
offerings and the significant revenue it can generate, please complete the short form below or call us
at 248 579-4555.