The findings of a new study of long-term care insurance policy claims should be shared with married couples urges the American Association for Long-Term Care Insurance (AALTCI).
"With so many couples, there's often one spouse who is resistant, usually the husband," explains Jesse Slome, director of the long-term care insurance organization. "This new information will help those who have doubts understand the significant consequences and the benefits of this important protection."
Slome was sharing data from a recently released study by Milliman Actuarial. "When one spouse has a long-term care claim, the odds of a claim by the second spouse is four times higher than would normally be expected," Slome shared with a group of long-term care insurance sales professionals. Data comes from Milliman's "Is Your Spouse Contagious" study.