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Why you should discuss long-term care costs with clients

The news follows Manulife’s announcement early last month that it would discontinue new sales of LTC insurance as of the end of November

Hybrid concept could be more appealing than LTC insurance

Why you should discuss long-term care costs with clients

The insurer will stop accepting new applications at the end of the month

Why you should discuss long-term care costs with clients

National Best Financial Network’s website, Canadian LTCi, generates a comparison of available LTC policies for Canadians who enter their relevant details

Why you should discuss long-term care costs with clients

Most Canadians think government programs will cover LTC

Clients may be shocked at the amount of the premium increase

Working longer may not be possible after serious health events

Slimmed-down long-term care products are designed to appeal to cost-conscious clients

Advisors need to have a serious talk with clients about their preferred living arrangements in retirement

New product offers a life insurance benefit as well as long-term and home care

  • By: IE Staff
  • September 12, 2013 December 14, 2017
  • 10:50