Filed Under:Health Insurance, Ltci

"Refine" Long-Term Care Insurance, Actuary Says

One barrier to LTCI sales is consumers' belief that they won't need need LTC, an actuary says. (AP Photo/Phil Coale)
One barrier to LTCI sales is consumers' belief that they won't need need LTC, an actuary says. (AP Photo/Phil Coale)

Steve Schoonveld, a veteran long-term care insurance (LTCI) actuary, has come up with 7 ideas for making the product easier to sell and easier to buy.

Schoonveld shared the ideas recently during a presentation in Burlington, Vt., at the summer meeting of the National Conference of Insurance Legislators (NCOIL), Troy, N.Y.

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Nichole Morford

Nichole Morford
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