If you are new to the Long Term Care market or you only sell a few policies a year, it is time to focus your energy on a product that has a lot of potential. Here’s why:
People need it
LTC Insurance helps people pay for services they may need due to a prolonged illness, accident or the simple process of aging. Without coverage, those requiring LTC services could use their entire savings to pay for one year of coverage.
People are buying it
According to the American Association for Long Term Care Insurance, about eight million Americans own a LTC policy with new policies sold every year. The younger the insured is, the less they pay for coverage so it is better to be prepared and get LTC coverage sooner rather than later.
Abundance of products available
There is bound to be one that suits your client’s needs.
To learn more about LTC and how to approach potential clients, contact your LTC Specialist today.
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