PRESS RELEASES

Krause Group is pleased to announce the addition of Holly Westervelt, MBA, CLF, LUTCF, as its new Vice President of Sales. Holly brings over 30 years of experience in the insurance industry, and this newly created role aims to provide a fresh and innovative approach to the leadership of Krause Group’s expanding agency division, The Krause Agency.

Krause Group; a leading provider of asset preservation solutions, resources, and education for long-term care; is pleased to announce it has continued the expansion of its leadership team with the addition of Damon Wenig as its National Preneed and Funeral Expense Trust Director. Wenig will play an instrumental role in educating and guiding people through the intricacies of funeral planning, with an emphasis on explaining how to facilitate asset preservation in a crisis planning scenario.

Krause Brokerage Services, LLC has acquired USA-LTC, a California-based brokerage firm that specializes in long-term care insurance. With this acquisition, Krause further secures its place as a key player in the long-term care planning industry, increasing its focus on products and strategies for adults planning for retirement, seniors planning for long-term care, and Medicare beneficiaries.

The Krause Agency (TKA) is pleased to announce a new partnership with Whitehall Bay, a Chicago-based company that supplies eldercare-related insurance products and services to advisors and attorneys nationwide. Whitehall Bay was established in 2016 to exclusively distribute National Guardian Life’s (NGL) HarborMaster Medicaid Compliant Annuity offering. With NGL no longer providing this product line, Whitehall Bay has transitioned its agent base to get appointed with The Krause Agency and its exclusive MCA insurance carriers.

Krause Brokerage Services has acquired LTC Solutions, a leading and nationally licensed long-term care specialty firm in Cape Coral, Florida. With aligned values and reputations for high-quality service, Krause and LTC Solutions will jointly offer stewardship, education and support to help more American seniors as they plan for their long-term care needs.

Krause Financial Services (KFS), the exclusive provider of short-term Medicaid Compliant Annuities with two to 23-month terms, is affirming its commitment to carrying these products, which are critical tools for seniors facing a health emergency that requires immediate admission to a long-term care facility.

Krause Financial Services (KFS), the exclusive provider of short-term Medicaid Compliant Annuities with two to 23-month terms, is affirming its commitment to carrying these products, which are critical tools for seniors facing a health emergency that requires immediate admission to a long-term care facility.

Krause Financial Services is offering its support to Michigan elder law attorneys in the wake of a rule change on sole-benefit (SBO) trusts issued by the state's Department of Health and Human Services