Life combination products grew 56% in 2011, according to LIMRA's "2011 Individual Life Combination Products Annual Review." This was the third consecutive year of double-digit growth.
"With so much uncertainty in the stand-alone long-term care insurance market, consumers under 50 - looking for a way to cover a portion of long-term care costs - are turning to acceleration combination products as an affordable alternative," said Elaine Tumicki, corporate VP and director, LIMRA product research.
Register or login for access to this item and much more
All Employee Benefit News content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access