Total new premium for life combination products increased 18% in 2017, marking the third consecutive year of premium growth.
Recent Long-term Care Insurance News
As a new study shows it’s getting even harder to health-qualify for long-term care insurance, AALTCI advising consumers to apply at earlier ages.
New guide aims to educate consumers and financial professionals about how 1035 exchanges can provide advantages for tax and long-term care planning.
The vast majority of long-term care insurance claims begin in the home while fewer than 3 in 10 start in a nursing home, according to a newly released industry analysis of claims conducted by the AALTCI.
Zenith Marketing Group, a full service insurance brokerage agency based in Freehold, N.J., is joining Ash Brokerage, the largest privately held insurance brokerage in the United States, the companies announced recently.
Here’s a roundup of some of the news and events from a wide range of topics coming across the wires from life and health industry organizations and companies lately.
Ranging from new product introductions to events, sales data and a couple of significant court cases, here’s a brief roundup of some recent news of note in the life annuity market, along with some links providing additional details.
As another LTC Awareness Month is in the books, recent statistics show Americans remain most spooked by the expense of obtaining coverage.
While traditional LTCI sales decline, the need for long-term care services will increase as more people enter retirement. Combination products — life and annuity products with a long-term care rider – may be the answer for many.
Genworth's just-released 2017 Annual Cost of Care Survey finds costs continue to rise across all care settings while two-thirds of Americans mistakenly assume government will partially or fully pay for long term care services.
Most Americans aren't buying long-term care insurance, "but they will, where they work," says expert James Dettman, who recently joined ACSIA Partners. The LTCI-focused agency wants to make the often overlooked coverage as common as health insurance by selling it through the worksite.