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Most individuals will need long-term care (LTC) at some point as they get older. This article describes new mechanisms to fund LTC using housing wealth.
This article was originally published by the Society of Actuaries.
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The Volatility Adjustment (VA) is the most widely used Long-Term Guarantee measure under Solvency II.
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The home stretch: Accessing home value to fund long-term care
This article describes new mechanisms to fund long-term care using housing wealth.