Defying Economic Slowdown, Long Term Care Insurance Agency Explodes; Nearly 200 Agents Added in 12 Months, More Sought

KIRKLAND, Wash., May 5 /PRNewswire/ -- Recession? Retrenchment? Nah. Not for LTC Financial Partners LLC, one of the nation's most experienced
long term attention coverage agencies. Known as LTCFP or "The Partners," the
firm now have 456 agents, up from 264 last year, 167 in 2006, and 91 in
2005. Started in 2003, LTCFP is now profitable and paid its 2nd annual
dividend last month. "We're planning continued strong growing this year,"
says Cameron Truesdell, CEO, "and we're looking for 100s of new agents
over the adjacent couple of years." *(PHOTO:
) *(Photo Caption: LTC Financial chief executive officer Cameron Truesdell.) Why the bullish prospects? Truesdell gives three reasons. First, he
says, "Our clients maintain on paying their premiums. They don't desire to lose
this valuable protection." The 2nd ground is the sheer size of the untapped market. "Only about
10% of the people who could profit from long term attention coverage now have
it," Truesdell estimates. "Our agents have got no deficiency of qualified, interested
prospects." The 3rd ground for LTCFP's bullishness is the energy of its agents,
reinforced by the firm's strong support. This support includes -- * Dividends based on ownership shares. Agents who go Partners ain a
piece of the concern in the word form of share grants. "This pulls top
people," states Truesdell. "It also constructs loyalty and enthusiasm, and gives
agents an further beginning of income, over and above their regular income
from coverage premiums and renewals." To Truesdell's knowledge, no other large,
national long term attention insurance specializer offerings such as a plan. For two
years in a row, starting in 2007, LTCFP have distributed over $1 million in
dividends annually to its Partners. * Warm Pbs from multiple sources. "Our agents don't have got to scrounge
for prospects," states Truesdell. "We provide high-qualify leads from direct
mail, the Internet, and confederation partners." * Professional preparation and support. LTCFP recently formed an institute
that railroad trains qualified newcomers on the rudiments of LTC insurance, in just one
week. In addition, senior agents are available to confer with with newer agents
at any time. * Strategic human relationships with professional organisations and
corporations. Referral takes come up from confederation spouses including
financial advisors, banks, in-home care providers, and associations such as as
the National Network of Estate Planning Attorneys. Opportunities for group
sales come up from human relationships with a growth figure of big corporations. "They're asking us to educate their employees on long term attention planning,"
says Truesdell. * Selling support. LTCFP stores its agents with personally tailored
brochures, direct mail pieces, and other points without having to create
this stuff themselves. The selling department, which have won industry
awards, also offers its agents individualized websites and public relations
campaigns. "In our business," states Truesdell, "we see no ground to cut back or
slow down. With 77 million babe baby boomers starting to retire, we see a flood
ahead, not a drought. We necessitate more than agents and demand them now." More
information is available at . This release was issued on behalf of the above organisation by
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