Monday, June 29, 2009

 

Asset-based LTC insurance attracts buyers

Although financial advisers have been leery of life insurance with long term care benefits, the products appear to be generating interest among consumers trying to insure against multiple risks and search for a place to store assets, according to a new study.

Buyers of asset-based LTC insurance — life insurance with an LTC rider — are shelling out more for their coverage, with average single premiums for these policies hitting $70,975 last year...

Investment News: Asset-based LTC insurance attracts buyers

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