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Hybrid Long Term Care Insurance Companies To Debate
Executives from the nation's leading hybrid long term care insurance companies will debate the merits of their policies at the upcoming American Association for Long Term Care Insurance national sales conference.
"Sales of life insurance policies which pay a long term care benefit are increasing but insurance professionals are confused as to the pros and cons of each particular product," declares Jesse Slome, executive director of the American Association for Long-Term Care Insurance
According to Slome, the four companies represented will be Lincoln Financial Group, OneAmerica, Genworth Financial and Security Mutual Life which markets a rider to their life policies. "A number of new insurers are starting to offer life insurance products offering accelerated long term care benefits such as Pacific Life," according to Slome. "We believe when insurance professionals can stack up the respective pros and cons of each product they will be better able to educate their clients and help them make better decisions."
Over 550 insurance professionals, members of the trade group are registered to attend the event which features some 30 different sessions as well as keynote addresses from Knight Kiplinger, editor in chief of Kiplinger's Personal Finance magazine and Jesse Slome who will discuss a 'new and improved" long term care insurance plan of protection.
To learn more about long term care insurance sales conference