NEWS & INSIGHTS
News, insights, tips and resources for seniors to grow older with joy, worry less, and retire well.
Long-Term-Care Premiums are Skyrocketing. Many Who Apply are Turned Down.
44% to 51.5% of people over 70 who apply for a long-term care policy are declined by insurers. But, many seniors who want to purchase LTC policies could not afford them. So, I started to research if there was a product that could help senior homeowners afford the kinds of LTC products that they wanted. This is what led me to the reverse mortgage product.