If you’ve ever tried wiggling into a pair of skinny jeans, you know some things just aren’t right for everyone. But a traditional LTCi policy is still a good fit for most people. As you compare planning options for your clients, consider the advantages of traditional LTCi:
- It provides more comprehensive coverage and the greatest number of benefits. That’s important for people who want to make sure they can get the services they need so they won’t have to rely on family.
- It can be the least expensive way to help pay for LTC services. And that provides a safeguard for those concerned about protecting their retirement savings.
- It offers flexibility, including a cash benefit option that gives people the freedom to manage their LTC expenses throughout the progression of care.
This flyer can help keep traditional LTCi top of mind. Check it out today:
View Changing Landscape LTC Flyer
People are Using It!
Good news! More people are using their LTCi policies. According to the annual claims survey conducted by the American Association for Long-Term Care Insurance (AALTCI), 295,000 people made claims on traditional LTCi policies last year. Industry-wide, payments totaled $9.23 billion – a steady increase over previous years. That means people are getting real value from their policies. Compared to those who may be reluctant to pay for care out of their own pockets, LTCi policyholders are getting the services they need while protecting their retirement savings.
As more and more people begin using their policies, will you be ready when one of your clients makes a claim? Check out the claims resources available on Sales Professional Access (www.mutualofomaha.com/broker).
Visit Our Claims Page on Sales Professional Access (Login required)
If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com.
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