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Submitted by: Puthan(VJ) Vijayan
Puthan(VJ) Vijayan is the Principal member of PMV Investment Advisors, LLC. The firm is a Registered Investment Advisor. VJ is a Certified Estate Planner and Registered Financial Consultant, with over 15 years of planning and investment experience.
NATIONAL LONG TERM CARE AWARENESS WEEK
Unum Provident released proprietory data on their long term care block of business.
Some of the key finding include:
The top five causes of claims for people under 65 are:
- Cancer over 30%
- Stroke over 10%, followed by neurological disease,dementia and mutiple sclerosis
More than 66% of claiments in this age gp received care at home, 17% received
nursing home care.
A typical claim for their policy holders under 65 lasts a year or longer
The average age of under 65 claiments is 53,with more than 15% younger than 45.
Puthan(VJ) Vijayan CEP RFC MBA
PMV Investment Advisors,LLC
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