Annuities have become a key tool for meeting LTC costs, expert says

Hybrid products involving annuities and life insurance are increasingly emerging to help cover the costs of long-term care, and advisers need to keep up with the latest developments, said Newman Long Term Care founder Deb Newman, former chair of the LIFE Foundation board of directors. One such product converts life insurance to an annuity with long-term-care insurance, she noted. Financial Advisor online (1/17)

Last Updated 09/23/2020

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