As the baby boomers in the U.S. continue to age, there is a growing demand for hybrid long-term care insurance (LTCI) products that integrate with life insurance death benefits and cash value protection, helping the aging population cover rising nursing home and health care costs.
LTCI hybrid reinsurance solutions for insurers
Hannover Life Reassurance Company of America, in partnership with LTCG, offers a first-of-its-kind, scalable, total risk management solution that includes:
- Product design assistance
- Underwriting services
- Claims management
Partnership with LTCG – What they do
LTCG currently administers over 90% of the outsourced LTCI market with an operational model that includes front-end processing, in-force administration, claims and care management. So you can pick and choose the services you want to utilize because our LTCI Hybrid solution is completely scalable.
This unique partnership combines our actuarial and life underwriting expertise with LTCG’s administration proficiency to provide you with the total risk management solution you need to participate successfully in this growing market.
Talk directly with our Vice President – Marketing, Tony Laudato, for more information on Long-Term Care Insurance Hybrid products.