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Henrik Larsen Promoted to CEO of ARM
Takes the reins of national LTCi distributor Advanced Resources Marketing
Advanced Resources Marketing (ARM), one of the country’s largest distributors of Long Term Care Insurance (LTCi), announced today that Henrik Larsen, MBA, CLTC, has been promoted from Vice President of Marketing to Chief Executive Officer.
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How Would Obesity Impact The Economy?
Chronic illness, including obesity, in those 40+ is a concern for the economy and for employers
Those over the age of 40 may be making a negative impact on the future of the U.S. economy with the way they eat, live and keep track of their health. On the Critical List?: A MetLife Report on the Health Status of the 40+ Population, from the MetLife Mature Market Institute and co-authored by the Center for Healthy Aging, found that treating diseases as they emerge runs counter to what individuals should be doing - focusing on health and wellness
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Four Out of Ten Seniors Lapse or Surrender Life Insurance
The Lifeline Program: A wake-up call for Boomers
Approximately 40 percent of seniors have lapsed or surrendered their life insurance policies, according to a study cited in Conning Research & Consulting’s 2012 report on the life insurance settlement industry. Conning published the numbers from a survey performed in April 2010 among U.S. seniors by the Insurance Studies Institute.
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New Long Term Care Insurance Guide For Women On Their Own
Unisex rates end, and women will pay more
A new consumer guide advises women on their own about the importance of long term care planning and the closing opportunity to save 20-to-40 percent.
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Workers want better benefits communication
New Colonial Life survey shows employees value good benefits education
American workers say understanding their benefits is very important — and there’s a lot their employers could do to improve benefits communication. That’s according to new research commissioned by Colonial Life & Accident Insurance Company and conducted online by Harris Interactive® in late February.
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Disability Insurance: The 60% Myth
Whether it’s an office worker or an executive, almost everyone says, “I didn’t realize that”
by Gary F. Terry
When discussing disability insurance, particularly as it refers to highly- compensated employees and professionals, there appears to be a distinct lack of understanding of the mechanics of disability income insurance coverage. Whether it’s an office worker or an executive, almost everyone says, “I didn’t realize that.”
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2013 Long-Term Care Insurance Price Index Published
Newer Options Provide Flexibility And Affordable Ways To Plan
A 55-year-old single individual purchasing long-term care insurance protection can expect to pay $2,065-per-year for $162,000 of current benefits which will grow to roughly $330,000 of coverage at age 80.
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Long Term Care Insurance Industry Pays $6.6 Billion In Benefits
Over 264,000 Receiving Benefits, Home Care Accounts For Half Of New Claims
"Insurers paid $6.6 billion in benefits last year to individuals needing care at home, in assisted living communities as well as in skilled nursing facilities," explains Jesse Slome, director of the American Association for Long Term Care Insurance that released the findings.
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Are Couples Really Addressing the Longevity Risks?
Longevity, statistics belie common misperceptions
According to new LIMRA research, only a quarter of married couples consider the need to provide for one spouse if the other dies a major concern when planning for retirement. Yet LIMRA analysis1 finds that for almost half of 65-year-old couples, one spouse will outlive the other 10 or more years, and in 3 out of 4 couples, one spouse will outlive the other by at least five years (see chart, below)
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Why Should You Care About Multi-Life LTCI?
Expanding the sale beyond one-size-fits-all
By Douglas Hamm, MBA, CLF
If you’ve spoken to anyone in the long-term care insurance (LTCI) industry – or you’re in it yourself – there’s a good chance you’ve heard one or more of the following points:
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The Business of Families
Long Term Care and the impact of role-reversal
By Maria Sarci
The weeks leading up to the holiday season are often the busiest for those of us in the long-term care planning space. We realize that clients will be gathering with their families to catch up, share memories and discuss family business. But, some of those families would be wise to use the opportunity to address the issue of long-term care for a loved one.
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UBS Investor Watch Indicates Increasing Investor Confidence
Despite Concerns Around Washington, Affordable Long-Term Care
UBS Wealth Management Americas today released its second UBS Investor Watch report providing insights on core affluent and high net worth investor sentiment. The survey shows that, despite being increasingly concerned about the political environment in Washington and their personal ability to afford long-term care, investors are feeling better about their own financial situation.
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