The world population is aging rapidly – 65 million people over the age of 65 will live in the U.S. by 2030.

The disparity between the length of time a person lives (their lifespan) and how long they are in good health and can function well (their healthspan) is widening. As a result, a significant portion of aging adults are spending longer portions of their lives in poor health as they struggle to pay for caregiving assistance. This grim trend is the reason why 73% of aging adults in the U.S. cite sickness as their main concern. They want to improve their health to protect their retirement. Surprisingly, this is a highly underserved market. Many aging adults have savings, income and wealth-transfer solutions, but due to a broken insurance market and old paradigms, very few can get solutions to hedge against disability and its wealth-draining consequences.

In 2020, the NeverStop platform was launched to allow life and health insurers to help their policyholders live longer and better by protecting them from disability and its financial consequences.

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Here are links for more information about Larry and Assured Allies:

The Assured Allies home page- https://www.assuredallies.com/
The NeverStop home page- https://www.neverstop.com/

How Advisors Can Reduce the Risk of Long-Term Care