Monday, September 25, 2006

 

Insurers Offer More Combinations

Insurance shopping is being transformed as new legislation spurs companies to offer more combination products that link life insurance and annuities with long-term care insurance.

The Pension Protection Act of 2006, signed into law last month, allows annuity providers to offer long-term care riders and ensures that charges against annuities and permanent life insurance policies for long-term care insurance premiums aren't taxed.

InsurersOffer More Combinations
Source: Hartford Courant

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