Monday, June 11, 2007

 

Insurers Meld LTC Into Life Insurance

More insurers are offering riders that include long-term-care coverage in life insurance policies.

The Hartford (Conn.) Financial Services Group Inc. in May made LTC coverage an option on its variable universal life policy. The rider allows clients to accelerate their death benefit up to the full policy limit for daily living needs, said Maureen Mohyde, the insurer’s director of gerontology.

Insurers Meld LTC Into Life Insurance
Source: Investment News (subscription required)

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