Long term care insurance applications of boomers rejected

Long Term Care Insurance

Applicants for the coverage are experiencing a notable downtrend in their acceptance by insurers. The industry has noted a striking trend in the long term care insurance sector, in which applicants for the coverage – particularly in the baby boomer age group – have not been able to purchase the policies because they have been rejected by their insurers. These consumers are being told that LTC coverage is important to their future planning but cannot buy it. According to the data that has just been released by LTC Tree, insurers…

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