Long term care insurance hybrid product info at www.aaltci.org |
Executives from four leading
companies offering hybrid life insurance policies offering long term care
insurance benefits will debate the merits of their company's specific offering
at the nation's largest gathering of insurance sales professionals focused on
this field.
"Sales of life insurance
policies which pay a long term care benefit are increasing but insurance
professionals are confused as to the pros and cons of each particular product,"
declares Jesse Slome, executive director of the American Association for
Long-Term Care Insurance. A 90-minute
debate featuring four of the nation's leading companies offering these products
will be featured at upcoming National Long Term Care Insurance Summit. The conference is the premier industry gathering
and takes place November 10-12, 2012 in Las Vegas, Nevada.
According to Slome, the four companies represented will be Lincoln Financial Group, OneAmerica, Genworth Financial and Security Mutual Life which markets a rider to their life policies. "A number of new insurers are starting to offer life insurance products offering accelerated long term care benefits such as Pacific Life," according to Slome. "We believe when insurance professionals can stack up the respective pros and cons of each product they will be better able to educate their clients and help them make better decisions."
According to Slome, the four companies represented will be Lincoln Financial Group, OneAmerica, Genworth Financial and Security Mutual Life which markets a rider to their life policies. "A number of new insurers are starting to offer life insurance products offering accelerated long term care benefits such as Pacific Life," according to Slome. "We believe when insurance professionals can stack up the respective pros and cons of each product they will be better able to educate their clients and help them make better decisions."
Over 550 insurance
professionals, members of the trade group are registered to attend the event
which features some 30 different sessions as well as keynote addresses from
Knight Kiplinger, editor in chief of Kiplinger's Personal Finance magazine and
Jesse Slome who will discuss a 'new and improved" long term care insurance
plan of protection.
To learn
more about the 2012 long term care insurance sales conference call the organization’s offices at
(818) 597-3227 or visit the Association’s website.
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