Podcast Center
Video Center
Webcasts
Resource Center
Events
March 06, 2012 at 11:16 AM
Retirement planners and life settlement firms have been big users of life span calculators.
Now the American Association for Long Term Care Insurance (AALTCI), Westlake Village, Calif., is trying to make life span calculators a tool for countering one question consumers often raise when hearing a pitch for private long-term care insurance (LTCI).
Many ask whether they will really live long enough to need long-term care (LTC), and their guesses about how long they can expect to live are often 20 years lower than the estimates produced by standard life span calculators, according to AALTCI Executive Director Jesse Slome.
AALTCI is responding to the life expectancy awareness gap by adding links to life span calculators to its consumer information page.
