LTCI

  • Achieving Retirement Income Readiness: Numbers and Concepts
    Achieving Retirement Income Readiness: Numbers and Concepts

    Unfortunately, industry regulators are clueless when it comes to retirement readiness planning

    by Steve Selengut

    What's your favorite investment number: Market Value, Total Return, Performance vs. The S & P 500? Most of you will be thinking in terms of "market value", "returns", and annual growth of one or the other. But if you are in my age group ("over 55" to be kind), and thinking of retirement within ten to…
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  • Caring for Aging Parents is Not a Family Affair
    Caring for Aging Parents is Not a Family Affair

    New findings reveal only 1-in-10 families share caregiving responsibilities as a team among siblings

    For most families, caring for mom or dad as they age is not a family effort. According to new data from Northwestern Mutual's latest C.A.R.E. Study, the responsibility most likely falls on the shoulders of one sibling, rather than being shared among all the children.
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  • LIMRA Announces 2019’s Rising Stars of Distribution under 40
    LIMRA Announces 2019’s Rising Stars of Distribution under 40

    Making a difference in shaping  the future of the industry

    LIMRA today announced the 10 winners of its 2019 contest to recognize Rising Stars of Distribution under 40 in the financial services industry. The contest searched for innovative and dedicated individuals who are making a difference in Distribution.
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  • Transamerica Announces Agreement With LTCG to Administer Its LTCi Book
    Transamerica Announces Agreement With LTCG to Administer Its LTCi Book

    LTCG will provide comprehensive third party administration services

    Transamerica announces today that it has entered into an agreement with LTCG, an independent third party administrator, to transfer the administration and claims management of its long term care insurance business line.
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  • Boomers are More Prepared for Death Than Life – And It’s Not Getting Better
    Boomers are More Prepared for Death Than Life – And It’s Not Getting Better

    While confident in their ability to save in retirement, they lack understanding of retirement care

    Today’s baby boomers are more financially prepared for death than life, according to the latest research from the Bankers Life Center for a Secure Retirement®. The new study by the national insurance provider revealed that 81% of middle-income boomers have made at least one formal preparation for when they pass away, while only 32% have…
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  • Ages When Long-Term Care Insurance Claims Begin
    Ages When Long-Term Care Insurance Claims Begin

    Vast majority begin at age 85 or older

    Nearly half of all newly started long-term care insurance claims begin for policyholders age 86 or older according to a new study released by the American Association for Long-Term Care Insurance (AALTCI).
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  • Are You a V.I.P. Leader?
    Are You a V.I.P. Leader?

    The three values of great managers

    by John Waid

    Leadership is an overused word. There are a lot of managers in companies, but very few leaders. Even the ones that call themselves leaders possess attributes that leave much to be desired.
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  • Long Term Care Insurance Industry Paid $10.3 Billion in Claims in 2018
    Long Term Care Insurance Industry Paid $10.3 Billion in Claims in 2018

    Industry passes the $10B mark for the first time

    A record $10.3 Billion in claims was paid last year by the nation's long term care insurance companies according to the American Association for Long-Term Care Insurance. Benefits were paid on more than 303,000 policies.
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  • LIMRA and LOMA Establish the Robert A. Kerzner Scholarship Program
    LIMRA and LOMA Establish the Robert A. Kerzner Scholarship Program

    From the start, Kerzner was an 'agent of change'

    LIMRA and LOMA today announce the Robert A. Kerzner Scholarship Program, established to honor Robert Kerzner for his contributions to the insurance industry and his years of service as CEO of LIMRA, LOMA, and LL Global.
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  • 2019 Long-Term Care Insurance Price Index Released
    2019 Long-Term Care Insurance Price Index Released

    While costs increases slightly over 2018, many insurers had no increase

    A couple in their mid-50s purchasing new long-term care insurance coverage can expect to pay just over $3,000 for a potential combined benefit of over $770,000 in coverage should they begin needing care at age 85.
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