About 32% of consumers surveyed said they are thinking about buying insurance that would cover chronic care, or long-term care. (Credit: Thinkstock)
The bond market may be too chaotic for life insurers to have an easy time supporting stand-alone long-term care insurance (LTCI), but many consumers still love the idea of having LTCI coverage.
They also like the idea of buying chronic care benefits packaged together with life insurance.
About 32% of consumers surveyed said they are thinking about buying insurance that would cover chronic care, or long-term care, and 22% said they believe they already have such coverage.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
