THE CHRONIC ILLNESS SAFETY NET
Nearly half of Americans qualify as chronically ill,
and standard long-term care insurance may not
be enough. A Chronic Illness Accelerated Benefit
can help extend care, while keeping
families’ finances safe.
By Thomas E. Daley, CLU, ChFC
The population of men and wom- en over the age of 55 continues to increase. Additionally, in
2005, 133 million Americans — almost
one out of every two adults — had at
least one chronic illness. When chronic
illness is detected, life-changing decisions must be made. Choices must be
made not only about who will care for
the patient, but also about how expenses
will be handled, both through standard
