It is the first digitally enabled asset-based long-term care multi-carrier comparison tool.
Covr Financial Technologies, a digital life insurance platform for financial institutions, announced the launch of Covr LTC Estimator for financial advisors. The company says that the offering is the first digitally enabled asset-based long-term care multi-carrier comparison tool.
The Covr LTC Estimator provides financial advisors the ability to digitally compare leading asset-based long-term care products and customize quotes based on options such as inflation and elimination period lengths. The tool highlights product differences based on client need and offers an e-signature option to expedite the submission process."Covr's new LTC Estimator a truly game-changing offering in the marketplace," said Covr CEO Michael Kalen. "The tool is the first of its kind to offer immediate side-by-side comparisons of the industry's leading asset-based long-term care insurance products. Financial advisors increasingly view asset-based long-term care as a key component of a robust financial plan."Subscribe to Moneycontrol Pro and gain access to curated markets data, exclusive trading recommendations, independent equity analysis, actionable investment ideas, nuanced takes on macro, corporate and policy actions, practical insights from market gurus and much more.