Long-term care (LTC) benefits are sold less these days as a standalone product and more commonly as a hybrid product with a life insurance or annuity chassis. In this 'Shark Tank' game show, the LTC benefit scrutinizes traditional, variable, and indexed life, and annuity product chassis in search of a winning combination.
By attending the session, you will be able to:
- Describe the various types of hybrid LTC and life insurance policies.
- Explain the advantages that certain life products enjoy when LTC benefits are added.
- Compare the consumer proposition to purchasing a hybrid life (or annuity) and LTC product based on the underlying product chassis.
TRACK: Spearheading innovation through change, Safeguarding population(s)