Credit Suisse is predicting more lapsed policies and fewer claims as a result of concerns that moving into a nursing home or bringing in an individual caregiver could increase policyholders’ potential virus exposure.
Why are policy owners so reluctant to pay for these services?
How to handle possible changes in the industry due to COVID-19.
The Midland National Capital Income annuity is aimed at helping clients plan for unexpected health events that impact their ability to perform daily activities, such as bathing, dressing or eating.
It’s important to understand the details and risks. This sample letter may help clients and advisors alike.
Your clients have a number of options.