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Long Term Care Insurance Association Awareness Campaign Launches
A campaign to inform consumers about 'new and improved' long term care insurance planning has been officially launched today by the American Association for Long Term Care Insurance, the industry's trade organization.
"Long term care insurance is 'new and improved' with plan features and options that will make this important coverage more attractive and more affordable to larger numbers of individuals,"
The campaign officially kicked off with the cover story appearing in the just-published November issue of Life Insurance Selling http://www.lifehealthpro.com/
The long term care insurance expert points to options that enable individuals to buy more affordable coverage and increase their benefits in future years. "Long term care insurance used to be a one and done process," Slome explains. "Today, many will find it advantageous to take what I call a 'layered' approach locking in some coverage now with the ability to add to their coverage in future years even if their health has changed."
"We are going to make consumers aware of what we call the "Good, Better and Best" approach to long term care insurance planning," Slome notes when explaining the goals of the effort. "Some eight million Americans currently have long term care insurance and we are quite positive about the future growth simply because Americans are not getting younger and they recognize the risk and consequences of not planning."
Established in 1998 as a non-profit trade group, the Los Angeles, California-based American Association for Long Term Care Insurance advocates for the importance of planning for long term care and supports insurance and financial professionals who market LTC insurance. The Association established November as National Long Term Care Awareness Month in 2001. To learn more about long term care insurance costs http://www.aaltci.org/