LTCI industry pays $6.6 billion in benefits

03/5/2013

Some 264,000 individuals were receiving long-term-care insurance benefit payments as of Dec. 31, 2012, according to a report from the American Association for Long Term Care Insurance. According to the association, leading causes for LTCI claims include Alzheimer's disease, stroke, arthritis and cancer. Female policyholders account for roughly two-thirds of all LTCI claims and benefit dollars paid by the industry. Read more on the Advisor Today blog.

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