25 States See Dramatic Increases in LTC Insurance Policyholders

According to the 2011 LTC Sourcebook, produced by the American Association of Long-Term Care Insurance (AALTCI), 25 states have seen a double-digit jump in the number of residents who have LTC insurance.

Specifically:

• The number of Alaskans with LTC insurance jumped almost 130 percent
• Wyoming and Vermont saw increases of 62 percent and 48 percent, respectively
• The states with the largest percentages of LTC insurance policyholders are California, New York, Texas, Florida and Illinois

AALTCI also reported that many LTC insurance prospects are seeking insurance agents out, something that hasn't been common before. To learn more, click here.