"LTCI is dead," a financial planner told me recently.

"Really?" I asked. "Why would you think that?"

"Well, because no one can get approved, it's way too expensive, and I don't want my clients to be faced with rate increases. Now I sell hybrids to all of my clients. That way at least someone is guaranteed a benefit."

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.