Think about this. If the average age that a person with LTC insurance goes on claim is 80-years-old*, when did that person BUY their coverage?
Right, on average, somewhere between ages 55 and 65. So 15 to 25 years ago. The majority of all LTC insurance policies - nearly 5-million policies - were issued in just 10 years between 1995 and 2005. 20 to 30 years ago.
There is a huge LTC "claims wave" coming. Are you ready?
Older LTC insurance policies don't all work the same way that new polices today do. Do you know how to effectively understand older LTC insurance contracts to help your caregiving or financial services clients navigate the claims process as they age?
This is the mission of the Long-Term Care Professional - LTCCP® training course:
Our mission is to educate long-term care providers and other professional advisors about how to work more effectively on behalf of clients with LTC insurance at the time of claim.
The goal of LTCCP® is to improve the quality and availability of long-term care services for clients who own LTC insurance by equipping the care professionals who serve them with greater competency when managing and participating in the claim process.
Right, on average, somewhere between ages 55 and 65. So 15 to 25 years ago. The majority of all LTC insurance policies - nearly 5-million policies - were issued in just 10 years between 1995 and 2005. 20 to 30 years ago.
There is a huge LTC "claims wave" coming. Are you ready?
Older LTC insurance policies don't all work the same way that new polices today do. Do you know how to effectively understand older LTC insurance contracts to help your caregiving or financial services clients navigate the claims process as they age?
This is the mission of the Long-Term Care Professional - LTCCP® training course:
Our mission is to educate long-term care providers and other professional advisors about how to work more effectively on behalf of clients with LTC insurance at the time of claim.
The goal of LTCCP® is to improve the quality and availability of long-term care services for clients who own LTC insurance by equipping the care professionals who serve them with greater competency when managing and participating in the claim process.
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