Linkedin LIVE: Industry Insights With Bryan Hodgens — Is Life Insurance the Answer to the Growing Long-Term Care Needs in the U.S.?

Overview

Who Should Join

Anyone involved with the sale, administration, distribution, or implementation of life insurance, long-term care, or combination products.

Highlights

The nation is hitting Peak65, when more than 11,000 Americans are turning 65 each day. According to HHS, more than half (56%) of Americans over 65 will need some level of long-term care services within their lifetime. Yet, LIMRA estimates just 3% of Americans over age 50 have any LTC insurance protection, leaving many people on the financial hook to cover these expenses on their own. Join Bryan Hodgens, senior vice president and head of LIMRA research, and Karen Terry, corporate vice president and director LIMRA Insurance Research, as they examine the growing need and interest in long-term care insurance solutions.

Presenters

Bryan Hodgens, AIF

Senior Vice President, Head of Research, LIMRA and LOMA

Bryan Hodgens, AIF

Senior Vice President, Head of Research, LIMRA and LOMA

Bryan Hodgens is Senior Vice President and Head of Research for LIMRA and LOMA. In this capacity, he develops and executes the research strategy for both the distribution and retirement research programs, focused on providing insights and best practices to address the current and emerging business challenges facing LIMRA members.

Hodgens joined LIMRA in 2022 with more than 25 years of executive experience at companies such as AIG, Wells Fargo Advisors and Asset Growth Partners. Most recently, he was senior vice president and head of LPL Financials’ Retirement Plans and Financial Planning Group.

He earned his Bachelor of Arts degree in economics from Emory University in Atlanta Georgia.

Karen R. Terry, FLMI

Corporate Vice President, Insurance Product Research, LIMRA and LOMA

Karen R. Terry, FLMI

Corporate Vice President, Insurance Product Research, LIMRA and LOMA

Karen Terry leads the Individual Product Research team, developing and implementing LIMRA's research program for individual life, disability long-term care and critical illness insurance products in the U.S. and Canada. Under her guidance, her team provides competitive intelligence on product design, customer demographics, industry sales trends and forecasts for the North American individual insurance markets. With over 25 years of insurance product and consumer research experience, Karen is a leading industry expert on industry performance measures to LIMRA staff, member companies, and the media.

She earned her Bachelor of Science in marketing from the University of Maryland.