Thursday, August 20, 2009

 

Will Boomers Pony Up for These Riders?

By attaching long-term care insurance (LTCI) riders to deferred annuities, insurers could solve three chronic conditions: the high cost of stand-alone LTCI products, the high surrender rate of deferred annuity contracts, and Baby Boomers' fear of potentially monumental nursing home expenses.

Will Boomers Pony Up for These Riders?
Source: Retirement Income Journal

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