October 2024 Industry News and Updates

October 21st, 2024

Stay informed with the latest developments in the long-term care insurance (LTCi) industry. In October 2024, OneAmerica introduced enhancements to Asset Care, including support for informal caregiving and expanded inflation protection. Lincoln's MoneyGuard is now available on the FireLight eSubmission Platform, offering streamlined digital workflows. Nationwide is providing resources for Long-Term Care Awareness Month to help raise awareness among clients.

LTC in the News: Navigating Long-Term Care Costs: Why Reverse Mortgages Are Worth Considering

October 9th, 2024

Explore how reverse mortgages, particularly Home Equity Conversion Mortgages (HECM), are becoming a valuable financial tool for retirees facing rising long-term care costs. This article by Don Graves, RICP®, CLTC®, CSA, IRMMACP™, president of the Housing Wealth Institute, discusses how converting home equity into funds can help cover care expenses without monthly payments, allowing seniors to age in place while maintaining financial security.

Summit Keynote: Behavioral Economics and LTC Purchase Decision

September 30th, 2024
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LTC in the News: Navigating the Hurdles: A guide to selling LTC insurance

September 26th, 2024

Explore effective strategies for selling long-term care insurance (LTCi) by addressing common client objections and understanding the nuances between traditional and hybrid policies. This guide emphasizes proactive planning to meet diverse consumer needs.

September 2024 Industry News and Updates

September 20th, 2024

Stay informed with September 2024 LTCi updates: SecureCare™ III launches an online underwriting questionnaire, Lincoln enhances applications, EquiTrust offers tax-free LTC benefit strategies, and Securian introduces chronic illness riders in California. These innovations highlight the industry's focus on improving client experiences and long-term care solutions.