Wednesday, March 18, 2015

Tips When Choosing Long-Term Care Insurance

Statistics would reveal that 70% of Americans will require any form of long-term care before they die. To make things worse, the cost of long-term care insurance is soaring nowadays. As a financial advisor, you can play a key role in the success of your business if can provide competent advice to your clients. It is recommended to be updated with the latest trends in the long term care insurance industry since it is changing rapidly as a response to changes in the long term care industry.

Here are some tips that can help clients choose the perfect long-term care insurance:
1. Education is key
2. Broaching the topic
3. Cost control
4. Self-insurance

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