Death of Long Term Care Insurance Industry? LTC Tree Launches LTC Summer Series on Why That's Not the Case.
Three major insurance giants have exited the individual Long Term Care Insurance (LTCI) market in the past 24 months, and many in the media have begun to speculate that the industry is on life support. As Twain once mused after his obituary was prematurely published in a New York newspaper, “The reports of my death are greatly exaggerated.” LTC Tree gives the rational side of why LTCI is here to stay in a new LTC Summer Series featured on its website.
Atlanta, GA, June 27, 2012 --(PR.com)-- Countless articles that have been written in 2012, saying that Long Term Care Insurance is an impossible market to sell and service policies in. Major news outlets have stated that the industry is on “life support” all the way to “Long Term Care Insurance is now on Hospice,” references have been virtually all negative. While it’s true, insurance markets have adjusted, the damage is not as widespread as has been reported.
LTC Tree, which is the pioneer of selling Long Term Care Insurance across the country "virtually", announces a summer series of articles where we will drill down to the facts and uncover why the industry is sustainable and here to stay.
Darrick Wilkins, the co-CEO said: "The past few months countless articles have been written on why the Long Term Care Insurance industry is on its way out. So we decided to compare this industry to others to learn why what the LTCI industry is going through are simply common growing pains that any product will have in its evolution."
LTC Tree's research department did an in depth study of various other industries and products over the past 50 years and found compelling information on the viability of the Long Term Care Insurance market that they will share in the LTC Summer Series.
They did the LTC Summer Series because Long Term Care Insurance is such a key retirement planning tool for people and if they believe that the product will end they may not plan and do nothing. However, the fact that the national average cost for nursing homes is $85,000 per year remains, and people are still not protected.
LTC Tree provides consumers in all 50 States the ability to shop the entire Long Term Care Insurance market with no face-to-face sales meeting like most local agents.
LTC Tree, which is the pioneer of selling Long Term Care Insurance across the country "virtually", announces a summer series of articles where we will drill down to the facts and uncover why the industry is sustainable and here to stay.
Darrick Wilkins, the co-CEO said: "The past few months countless articles have been written on why the Long Term Care Insurance industry is on its way out. So we decided to compare this industry to others to learn why what the LTCI industry is going through are simply common growing pains that any product will have in its evolution."
LTC Tree's research department did an in depth study of various other industries and products over the past 50 years and found compelling information on the viability of the Long Term Care Insurance market that they will share in the LTC Summer Series.
They did the LTC Summer Series because Long Term Care Insurance is such a key retirement planning tool for people and if they believe that the product will end they may not plan and do nothing. However, the fact that the national average cost for nursing homes is $85,000 per year remains, and people are still not protected.
LTC Tree provides consumers in all 50 States the ability to shop the entire Long Term Care Insurance market with no face-to-face sales meeting like most local agents.
Contact
LTC Tree
Darrick Wilkins
1-800-800-6139
http://www.ltctree.com
Darrick Wilkins
1-800-800-6139
http://www.ltctree.com
Contact
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