November is Long-Term Care Awareness Month
Approximately 92 percent of mature adults have at least one chronic disease,1 and 70 percent of people over age 65 can expect to use some form of long-term care in their lives.2
In spite of these statistics, it’s estimated that fewer than 10 percent of those who qualify for and can afford long-term care coverage actually own it.3
This November, protect your mature clients on life’s journey. Our Accelerated Death Benefit for Chronic Illness Agreement and CareShield™ Universal Life Insurance (CareShield) are two ways you can do just that.
1 National Council on Aging Fact Sheet 2014, https://www.ncoa.org/wp-content/uploads/FactSheet_HealthyAging.pdf. Accessed October 5, 2016.
2 “Who needs long-term care?”, U.S. Department of Health and Human Services, http://longtermcare.gov/the-basics/who-needs-care/. Accessed August 5, 2016.
3 “The State of Long-term Care Insurance: The market, challenges, and future innovations, May 2016. National Association of Insurance Commissioners and The Center for Insurance Policy and Research. http://www.naic.org/documents/cipr_current_study_160519_ltc_insurance.pdf. Accessed October 5, 2016