Life insurance with LTC benefits grows more attractive, group says

11/13/2013 |

Insurers are developing more affordable products amid the popularity of "hybrid" life insurance policies, according to the American Association for Long-Term Care Insurance. "We expect sales of combination long-term-care products to grow over the next five years as more life insurance companies add a long-term-care benefit option to new or existing policies," said Jesse Slome, the group's director.

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