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Follow on Google News | Importance Of Long Term Care Insurance Specialist GrowsSignificant changes in long term care planning are making it more important work with a long-term care insurance specialist according to the director of the American Association for Long-Term Care Insurance.
"Things change and when it comes to long term care planning, we are seeing important changes that will benefit those who specialize," "Consumers with health issues today recognize the benefit of getting advice from a medical specialist who focuses on a specific, very narrow field," Slome noted. "Today, the nuances between not just long-term care insurance products but the different options such as hybrid life insurance products are changing the landscape." Slome noted an increase in calls from consumers whose financial advisor recommended a hybrid life insurance product that also provided a long term care potential benefit. "Spending between $50,000 and $100,000 per-person is not a casual expenditure for many and an increasing number of consumers are calling the Association to determine if this really is their best option," Slome reports. "We explain that the best option addresses both their current financial situation and approach to planning and that they may want to take a more comprehensive review which really can only be done by an knowledgeable specialist with knowledge of both options." With that in mind, Slome encouraged insurance professionals gain knowledge of all approaches. "The ideal medical professional understand not just drugs but non-traditional approaches to healthy lifestyles and treatment of conditions," The American Association for Long-Term Care Insurance was established as a not-for-profit trade group and focuses on educating both consumers and insurance professionals. For additional information on long term care insurance costs http://www.aaltci.org/ End
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