|Last Price$52.05||Day Change (%)-1.14%|
|Open Price$52.65||Day Change ($)-0.60|
|Day Range51.66–52.95||52-Week Range38.64–54.00|
As of Fri 8/26/2016 6:05:00 PM | USD
Low comfort level with LTC products makes advisers recoil, but some think that's a weak argument.
A new twist is coming to LTC insurance: gender-based pricing, and women can expect to pay 20% to 40% more for coverage than men, says Michael Kitces.
The firm is suspending sales in traditional life insurance and fixed annuity products in the first quarter of 2016.
Advisers should take these factors into account when incorporating long-term-care insurance into a client's financial plan.