Experts: Group whole life coverage evolves to meet LTCI needs

11/3/2013 | Business Insurance (tiered subscription model)

Most long-term-care insurance is being sold on an individual basis, and many companies that have written group long-term-care policies are withdrawing from the market, according to experts. "But a whole life product with a long-term-care rider is available on a group basis," said Bruce Sletton of Aon Hewitt. Insurers increasingly are offering such new products to provide long-term-care coverage, experts said.

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