May 15, 2020

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individual Solutions Report
  We understand that uncertainty is stressful and that demand is high for information and insight. As developments related to COVID-19 continue to evolve, we are making every effort to keep you informed of the impact on the life insurance and wealth management industry, provide guidance, tools and resources on actions to consider and offer tools you can use with your clients.
Please read through the sections below for content related to COVID-19 and additional ongoing business topics.
  Reminder: NFP Return to Work Webinar Series Continues Monday, May 18 »  
  Nationwide White Paper: Planning Tips for Individuals Dealing with the Financial Effects of COVID-19 »  
  Why Do Long-Term Care Planning Now? »  
  Comparing Chronic Illness Riders with LTC Riders »  
  Planning for Your Estate and Business Succession »  
  Leveraging Annual Exclusion Gifts with Life Insurance — Case Study »  
  Life Insurance as an Asset »  
  IUL and Potential Resiliency Against Market Volatility »  
  Wealth Transfer and Charitable Planning Strategies — Brochure »  
  Spousal Lifetime Access Trust (SLAT) — Case Study »  
  May 11: Innovation and Return to Work Archives »  
  May 13: Business Insurance Issues Related to Return to Work »  

Return to Work Series Continues
Monday, May 18

  Recalibrating Work and Health in the New Normal:
Challenges and Practical Guidance
– Monday, May 18, at Noon ET
Register Here
Dimeo Schneider & Associates, LLC
Lenox Wealth Advisors
Wealthspire Advisors

NFP’s Insights from the Experts
Podcast Series

  Each episode of the Insights from the Experts Podcast will showcase timely perspective from members of the NFP community, delivering information, analysis and solutions that help to address our clients’ most significant challenges. Subscribe to this podcast to stay up to date on the latest in the industry.
This week:
Episode 76: Actuarial Viewpoint — Impact of COVID-19 on Fully and Self-Insured Plan Costs
In this episode, special guest Geoff Seibel, VP of Actuarial Services at NFP, joins Chase Cannon to discuss the impact of COVID-19 on fully and self-insured plan costs. Geoff starts by addressing the cost impact for fully insured plans, including differences for small and large group markets. Chase and Geoff then discuss actual COVID-19-related costs, including the difference in costs for COVID-19 patients who are hospitalized and those who are placed in the ICU. Geoff explains the differences in averages across the general population versus employer groups, and the differences between explicit and implicit costs (and how both impact overall costs). Geoff and Chase close by discussing best methods for tracking changes (since models and costs change daily) and how modeling tools and other resources can help employers better understand impacts on their own populations and plans.
Subscribe through iTunes or Google Play to be automatically notified when new episodes are available.
  SGN Episode 7: The Office Cast Reunites for Zoom Wedding »  
Interested in updates on NFP’s other lines of business?
5/15/20 20-IS-LIFE-GEN-0212
This information has been provided as an informational resource for NFP clients and business partners. It is intended to provide general guidance, and is not intended to address specific risk scenarios. Regarding insurance coverage questions, each specific policy must be reviewed in its entirety to determine the extent, if any, of coverage available for the impact of the Coronavirus. If you have questions, please reach out to your NFP contact.
NFP and its subsidiaries do not provide tax or legal advice. Links to third party websites are for informational purposes only and are not an endorsement by NFP. NFP does not guarantee the accuracy of these websites or that they will be appropriate for your situation.