Introduction to Financial Services: Insurance
Society of Financial Service Professionals | February 07, 2023This In Focus provides a summary of the insurance market and regulatory system in the United States.Market StructureInsurance companies constitute a major segment of the U.S. financial services industry. The insurance industry is often separated into two parts: life and health insurance, which also includes annuity products; and property and casualty insurance, which includes most......
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Long-Term Care Insurance: Overview
Society of Financial Service Professionals | February 07, 2023Long-term care insurance (LTCI) is a type of insurance policy designed to cover the future costs of care associated with a chronic condition or disability that requires extended or long-term care. Long-term care, often referred to as long- term services and supports (LTSS), provides hands-on assistance or supervision to individuals who have functional or cognitive......
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