Re-Examine Life Insurance Policies for Present Needs
9/23/2010
We are living longer, resulting in significant changes in the life insurance industry. Policy costs have come down, allowing some individuals to replace their outdated policies with better policies at increasingly competitive rates. In addition, insurers have created a new, blended product that combines long-term care insurance with life insurance, a shift that may be a boon to the more than two-thirds of Americans expected to need long-term care at some point in their lives.
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