Filed Under:Health Insurance, Ltci

Advisor finds lingering LTC education gap

The news has been full of stories about insurers leaving the stand-alone long-term care insurance (LTCI) market.

This month, insurers have put their muscle behind promoting hybrid products, or products that help consumers prepare for possible LTC needs by using life insurance policies or annuity contracts that come with features designed to help the holders cover LTC costs.

Spickler said consumers are starting show awareness of the possibility that they might need care later in life.

"They're already worried," Spickler said.

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Nichole Morford

Nichole Morford
Managing Editor

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