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Mutual of Omaha Insurance Company is an American Fortune 500 mutual insurance and financial services company based in Omaha, Nebraska. [1] Founded in 1909 as Mutual Benefit Health & Accident Association, Mutual of Omaha is a financial organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States.
A number of alternatives to purchasing long-term care coverage exist. These include hybrid life insurance and annuities that provide long-term care coverage as an optional benefit.
Beginning with its first annuities business written in 1928, the company grew to offer products for mortgage insurance, lifestyle protection, and long-term care insurance. [5] In 1986, Life of Virginia was acquired by Combined Insurance for $557 million. [5] It became Aon in 1987. [5] In 1996, Life of Virginia was acquired by GE Capital. [5] [6]
Here are six myths about long-term care and the truth you might not know from Bankers Life, a national life and health insurance brand. Myth #1: I won't need long-term care.
The Bankers Life and Casualty Company, doing business as Bankers Life, is a private American health insurance company headquartered in Chicago, Illinois. Founded in 1932 as a mutual life insurance company, the company has been a subsidiary of CNO Financial Group since 1992. Bankers Life has 1.4 million policyholders across the United States and ...
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Long-Term Care Annuity: Consider investing in a long-term care annuity, where you make a lump sum payment and receive a consistent, specified income for the rest of your life. Long-term care ...