Aflac launches hybrid life insurance with long-term care benefits and inflation protection for employees.

Aflac has introduced a new hybrid term life insurance product with long-term care (LTC) benefits designed for the workplace, addressing rising LTC costs and the aging population. This product offers flexible LTC coverage, allowing insured individuals to choose care settings and caregivers, including home-based or facility care, with inflation protection and portability. It aims to provide financial security for employees as they age, meeting growing demand for comprehensive benefits that combine life insurance and LTC in one solution. The product is currently available in most states, excluding some like New York and California where different underwriting applies.