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XOL |
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With the risk of mortality, especially the extension of life, an uncertainty, life insurance companies should look to develop income producing products that go well beyond the primitive concept of single-premium immediate annuities. The Meso-American cultures, which originally celebrated the tradition in August, believed on that night the dead would return, but unlike most Western cultures, death was viewed as an extension of life. We are beginning to see more and more licensed facilities providing dementia care or adding dementia care units because of the extension of life," said Ben Partington, senior care program administrator with the state Department of Social Services/Community Care Licensing division, which oversees permits for California's roughly 6,300 licensed senior care facilities. |
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