3 New Findings About Long-Term Care Planning Prospects’ Emotions

By Allison Bell Insurance EditorThinkAdvisor

Long-Term Care Awareness Month 2017

Bill Nash and Mike Hamilton (Photo: Allison Bell/TA)

Stand-alone long-term care insurance may still be going through tough times, but long-term care (LTC) planning is starting to become a standard part of any thorough financial planning conversation.

Bill Nash, vice president for insurance solutions distribution for Lincoln Financial’s MoneyGuard product, and Mike Hamilton, a Lincoln Financial vice president and head of MoneyGuard product management, talked about the shift recently during an interview in New York.

Lincoln offers MoneyGuard, a life-LTC hybrid product, and it also offers other types of life insurance and annuity riders that can help purchasers pay for long-term care costs.

Nash said he thinks financial advisors are much more interested in LTC planning now than they were even 10 years ago.

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