Popular on eTradeWire
- PSA - January 2nd - 20th Anniversary of National Motivation & Inspiration Day® - 416
- TVS Select Network Showcases Undercover Jetsetter Marathon in 2022 on WatchYour.TV Platform - 352
- Nicc LaRue's virtual concert "The Hood Never Folds" streaming now - 312
- Agile World Announces 501(c)(3) Nonprofit Status as Philanthropic Public Charity - 267
- Southern Oregon biracial couple offers effective racial equity training - 266
- Sage Names Alta Vista Technology a "Sage Intacct Growth Partner of the Year" - 202
- Edge Computing Tech Company StrongNode.io and Multiverse Gaming Hub Original Gamer Life Ink Partnership with Investment Firm Ghost Capital - 196
- Ryan Lawn & Tree merges with CM's Outdoor Solutions Group of Omaha, NE - 155
- The rise of vacation rentals in Emerald Coast, Florida over traditional hotels - 146
- Latino Leaders Network to Honor San Antonio Mayor Ron Nirenberg with the Antonio Villaraigosa Leadership Award at the 35th Tribute to Mayors - 143
Similar on eTradeWire
- FindBullionPrices.com helps find the lowest prices for Australian Red Kangaroo Silver Coins
- ExecuSearch Holdings, LLC Data Breach Prompts Investigation into Possible Class Action Lawsuit
- Strategic Benefits Advisors, Inc. Data Breach Triggers Investigation into Class Action Lawsuit
- Console & Associates, P.C. Investigates Class Action Lawsuit Following LendUS, LLC Data Breach
- Arizona Pest Control Becomes First Pest Control Company In The World To Launch NFT Collection
- Fortune Secure Signing Services now offers Apostille services
- Data Breach at Southern Orthopaedic Associates Prompts Investigation into Class Action Lawsuit
- Nation's Top Producing Exclusive Buyer Agent Creates Real Estate Team
- Console & Associates, P.C. Explores Class Action Lawsuit After TTEC Services Commercial Data Breach
- Nadula.com Has Started a Live Feed for Mobile Users! Check it Out!
"Millions of Americans are living into their 80s, 90s and even 100s," explains Jesse Slome, director of the long-term care insurance organization. "When you live a long life, the likelihood that you'll need some long-term care increases exponentially."
The Association has just posted data regarding ages when long-term care insurance claims begin. "Half of claims begin between 80 and 89," Slome reports. "Some 27 percent begin between age 80 and 84, with 23 percent between ages 85 and 89." Twelve (12) percent of claims begin when the policyholder is age 90 and older.
If an individual wants the benefits of long-term care insurance to pay for needed care, coverage must generally be purchased prior to turning age 65. "Unfortunately, many people don't do any planning until the need for care is either imminent or already present," Slome admits. "At that point it is too late because insurance companies will only issue policies to those who can health qualify."
More on eTradeWire News
- MyDiscountLab.com Announces Name Change to JustLabTest.com
- The Lashe Sale Genuine Mink Lashe Trays
- St Paul Inspection Company Supports National Radon Action Month with Important Information on Radon
- Texas Arena League (TAL) Excited to Add Military Arena Polo Tournaments to 2022 Roster of Events; Dates and Locations Released
- Pacifica Radio Classical Music Show Exclusively Spotlights the Old Masters
According to the Association the average age for those buying new traditional long-term care insurance policies remains between 56 and 57. "The cost of coverage will be significantly less than if you wait until your 60s or 70s," Slome explains.
The organization recently undertook a campaign reporting long-term care insurance claims statistics. Data can be accessed at https://www.aaltci.org/long-term-care-insurance/learning-center/ltcfacts-2022.php.
"We regularly encounter denial among consumers who mistaken believe there's little or no risk," Slome concludes. "We share real information focused on how many people need long-term care and how and when they benefit from owning long-term care insurance. The hope is that an educated consumer will better understand the risk they face and get information to decide what is best for their needs."
The American Association for Long-Term Care Insurance (AALTCI) advocates for the importance of planning and supports insurance professionals who market both traditional and hybrid LTC solutions. To obtain long-term care insurance costs from a long-term care insurance specialist call the organization at 818-597-3227 or visit their website https://www.aaltci.org/ltcfacts-2022/.
- Nagamasa Global's Market Researchers Release the Current Energy Outlook
- Nagamasa Global is Registering a High-Level Demand in Metal Products Trading
- We are the go-to Marketing Consultant Team
- KRAVIS CENTER Honors James Drayton during 16th Annual African-American Film Festival, February 1, 8,
- Restaurant Movie Celebrates 15 Years And Is Still Being Watched
- A Retelling of a Romantic Fairytale
- TVS Television Network Postpones Live Audience Events Pending Covid Outbreak at Headquarters
- Ladies and gentlemen open your wallets!
- Guy Davis, Grammy-nominated Blues Artist, Helps the Hearts of Small Town America
- TimberNook great outdoors children program coming to Falls Church City
- There is Healing for Your Soul Virtual Workshop and Book Club
- The Broken Vessel: The Series 1&2
- COVALT Concrete Floor Leveling, San Clemente
- Nagamasa Global is Launching New Futures Trading Programs
- Nagamasa Global is Accredited as Leading Business Services Supplier at Japan Trading Awards
- PPGJLI Announces Writing Contest to Launch on Dr. Martin Luther King, Jr. Day
- J-Rob Released His Music Video Trailer and Reveals the Music Video Release Date for, God's Got Me
- A New Approach to Finding the Perfect Home
- "History Through the Black Experience" told through two volumes
- Trina Rockstarr "Diamond Princess" Apes into Metaverse with 456 Collectors Club