Nearly half of individuals who apply for traditional long-term care insurance after age 70 are denied by an insurer, according to the American Association for Long-Term Care Insurance.
Agents selling long-term-care insurance (LTCI) have witnessed several important developments recently, including, in some cases, a reduction in new business premiums for the first time in many years.
During November, which is Long-Term Care Insurance Awareness Month, financial professionals will share the message with clients and prospects that obtaining LTCi can help cover the cost of care which the majority of seniors are expected to need.
Seventy percent of people over the age of 65 will need some form of long-term care in their lifetime—yet very few people realize how expensive care can be and what it will take for them to pay for it.
NEW YORK, July 20, 2022 /PRNewswire/ — On a mission to improve the aging-at-home experience, insurance product and solution innovator, HCG Secure, today…