“Life-LTC Hybrid Sales Soar: LIMRA,” by Allison Bell, ThinkAdvisor

“Use of life insurance-based long-term care (LTC) planning arrangements soared in 2017, according to data from LIMRA’s LIMRA Secure Retirement institute. New premiums from life-LTC hybrids increased 18% over 2017 levels, to $4.1 billion, institute analysts report. The number of policies sold increased 5%, to about 260,000. The average amount of new premium revenue per new policy sold increased about 12%, to about $16,000 per policy, according to calculations based on institute data.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Go hybrids!

Life-LTC Hybrid Sales Soar: LIMRA

#hybrid
#goldencareagent