Los Angeles, CA, September 02, 2015 --(PR.com
)-- An informal survey of leading insurance agents who market long term care insurance products finds the vast majority are anticipating a busier than usual fall season reports the American Association for Long-Term Care Insurance.
"Maybe the recent stock market turmoil reminds people they need some guarantees in place for a sound financial retirement," explains Jesse Slome, director of the American Association for Long-Term Care Insurance (AALTCI). The organization surveyed a number of insurance professionals who market both traditional long term care insurance as well as linked benefit LTC products which combine life insurance with long term care benefits.
According to the organization's survey of long term care insurance professionals, there is optimism that interest will increase after the Labor Day holiday. "The prime demographic for long term care insurance is individuals in their mid 50s to mid-60s and these individuals are feeling more secure about the economy," Slome notes. "I think the stock market turmoil will help people realize they can't depend on bull markets to fund their retirement needs, they need some security as well."
Slome who created and established National Long Term Care Awareness Month (November) in 2001 indicated the organization will focus on the affordability of long term care insurance as the theme for this year's consumer awareness efforts. "We are gearing up for an active Fall season," Slome shared.
Headquartered in Los Angeles, the American Association for Long Term Care Insurance was established in 1998 to create heightened awareness among both consumers and insurance professionals. To learn more or to locate a knowledgeable insurance specialist call 818-597-3227 or visit the organization's website at www.aaltci.org.