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Why advisors and their clients are gravitating to asset-based forms of LTC protection

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Pat Foley, CLU, ChFC, discusses why advisors and their clients are gravitating to asset-based forms of LTC protection.

Pat Foley is the president of Individual Life and Financial Services for the companies of OneAmerica. In his role, Pat oversees all sales, service, marketing, product development and profitability for OneAmerica’s life insurance and annuities products, as well as asset-based long-term care solutions.

Earlier in his career, Pat built and grew a top 10 general agency and has served in senior executive roles at Genworth Financial, Allianz Life of North America and Prudential. An avid supporter of the industry, Pat has also enjoyed leadership roles in GAMA and the CLU Society, as well as having been an International board member for LIMRA. Pat earned a Bachelor of Business Administration in Finance & Insurance from the University of Iowa and is a Chartered Life Underwriter and Chartered Financial Consultant.

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OneAmerica is the marketing name for The State Life Insurance Company®, offering the Care Solutions product suite.

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