Presented by Richard Mangiameli If you look up the definition of “hybrid”, one of the results is “anything derived from heterogeneous sources, or composed of elements of different or incongruous kinds”. We can find Hybrid Power, Hybrid Literature, Hybrid Games and of course Hybrid Vehicles. In the insurance industry, we have hybrid insurance products where insurance companies have created products that are composed of different elements; annuity or life insurance products with elements of long term care insurance. LIMRA studies show that in 2013, 67% of people were worried about having sufficient money for a comfortable retirement and 58% were concerned about paying for long-term care services, while 39% express concern about financial impacts of premature death. It’s possible to address all three concerns with many of the new hybrid products available today. Call me to learn more!