Long-Term Care Insurance

  • Most Long-Term Care Insurance Claims Begin At Home
    Most Long-Term Care Insurance Claims Begin At Home

    People mistakenly associate it exclusively with skilled nursing home care

    According to AALTCI, 52.1 percent of all new long-term care insurance claims in 2017 began in the home setting. “Nearly one in five claims (19.7 percent) started in an assisted living facility and only 28.2 percent commenced in a skilled nursing home."
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  • How Do You Reach the 19 Million ‘Stuck Shoppers’?
    How Do You Reach the 19 Million ‘Stuck Shoppers’?

    Simplified underwriting is one way life insurers can reconnect with reluctant buyers

    LIMRA research shows there are about 19 million “stuck shoppers” - potential life insurance buyers who start the process but never finish. To help combat this issue, many companies are implementing simplified underwriting processes to lower costs and improve customers’ buying experience.
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  • Why Do Women Defer LTCi Decisions?
    Why Do Women Defer LTCi Decisions?

    They Believe Their Husbands Know More

    UBS Wealth Management USA today published a whitepaper report that reveals key findings related to why men and women accept financial inequality and its consequences.
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  • LTC Global Acquires Smith Companies
    LTC Global Acquires Smith Companies

    Agency has a proven distribution model, a history of innovation

    LTC Global, Inc. today announced that it has completed the acquisition of Charles T. Smith Insurance Agency, Inc., and Charles T. Smith Companies of Florida, Inc. (together, the Smith Companies).
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  • Strong Social Media Presence Critical Part of Success for Advisors
    Strong Social Media Presence Critical Part of Success for Advisors

    Many consumers go online for information, comparison and advice on financial products

    April 10, 2018 – When it comes to purchasing life insurance, consumers are engaging online and through social media platforms as a way to evaluate financial products and financial professionals.
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  • Arthritis: Long Term Pain May Require Long Term Care
    Arthritis: Long Term Pain May Require Long Term Care

    It's not just a result of getting older

    May is national arthritis awareness month. For many of us, arthritis is something we associate with the elder people in our lives: parents or grandparents with stiff joints, aches and pains, or the nagging discomfort we may have written off as the effects of aging. We see these symptoms as just part of the process.
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  • Retirement, Longevity & Money
    Retirement, Longevity & Money

    Lincoln Financial Offers Americans tips to address the unexpected, and ensure retirement income is there when needed

    In conjunction with National Retirement Planning Week (April 9-13), Lincoln Financial Group shares three steps to help Americans plan for their retirement and help meet their retirement income goals.
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  • Health Perspectives: 130/80 Is the New 140/90
    Health Perspectives: 130/80 Is the New 140/90

    New guidelines mean half of Americans have high blood pressure

    Heart disease is the second-largest cause of death in North Carolina. In 2016 alone, it claimed the lives of more than 18,000 North Carolinians, led to more than 103,000 hospital admissions and produced $5.2 billion in hospital charges in the state.
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  • Goodbye 2017: Nine Last-Minute Tax Tips
    Goodbye 2017: Nine Last-Minute Tax Tips
    If you haven't done your 2017 taxes yet, you're probably not alone. Nearly 3 out of 4 people admit to procrastinating at least sometimes, according to Fidelity's 2018 Financial Procrastination Study
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  • Sharp Increases in Alzheimer’s Prevalence, Deaths and Cost of Care
    Sharp Increases in Alzheimer’s Prevalence, Deaths and Cost of Care

    Total cost of care for Alzheimer's exceeds a quarter of a trillion dollars for second consecutive year

    For the second consecutive year, total payments to care for individuals living with Alzheimer's or other dementias are projected to surpass a quarter of a trillion dollars ($277 billion), which includes an increase of nearly $20 billion over last year, according to data reported in the Alzheimer's Association 2018 Alzheimer's Disease Facts and Figures report…
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  • Americans More Focused on Short-Term Savings
    Americans More Focused on Short-Term Savings

    Saving 7.6% of Salary on Average for Retirement

    On average, adults direct 7.6% of their salary to their retirement savings. The percentage increases among households with incomes over $100,000, college graduates, men, adults with a financial advisor and adults who have automatic savings.
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  • For Insurance Industry- A Digital Darwinian Shift
    For Insurance Industry- A Digital Darwinian Shift

    How well are large, entrenched organizations adapting to changing customer behavior

    by Denise Garth

    Brian Solis, a digital analyst and anthropologist, studies the effects of disruptive technology on business and society, calling it “digital Darwinism”. Darwinism, as noted in the Merriam Webster dictionary is “a theory that inherent dynamic forces allow only the fittest persons or organizations to prosper in a competitive environment or situation.”
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  • Total Annuity Sales Continued to Decline in 2017
    Total Annuity Sales Continued to Decline in 2017

    Structured annuity sales increase 25 percent in 2017, to $9.2 billion

    In 2017, total annuity sales decreased 8 percent to $203.5 billion compared with 2016, according to LIMRA Secure Retirement Institute’s Fourth Quarter 2017 U.S. Individual Annuity Sales Survey.
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