Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | Long Term Care Insurance Association Price Index Makes NewsThe initial release of the American Association for Long Term Care Insurance's 2014 Price Index generates positive media interest.
"Finally, some good news has been the reaction from insurance professionals," According to the Association's first release of their 2014 price study, The typical healthy 55-year-old male can expect to pay almost 15 percent less for long term care insurance coverage purchased in 2014 compared to last January. "Men have historically been resistant to purchasing long term care insurance," Slome adds. "So, perhaps this dose of good news will help address their denial of the reality of aging and the risk of needing costly care." The AALTCI study does reveal that couples face an increase in rates compared to costs in the prior year. According to the organization, leading long term care insurers include Genworth Financial, John Hancock, Mutual of Omaha and Transamerica. The Association began releasing the findings via a national distribution supported by The National LTC Education center and HTA Financial Services, a leading long term care insurance brokerage firm headquartered in West Chester, PA. "We sincerely appreciate their commitment to building the industry and to helping us disseminate this positive news," Slome added. He notes the news story has been utilized by nearly 400 media outlets. Free access to read informational guides is available on the Association's website. To obtain long term care insurance costs connect with a professional by calling the national organization at (818) 597-3227 or visit the Association's website at http://www.aaltci.org. End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|