NYSE:AFLInsurance
Aflac Balances New Long Term Care Rider With Governance Scrutiny
Aflac (NYSE:AFL) has introduced a hybrid term life and long term care rider aimed at aging U.S. consumers.
The company is responding to growing long term care needs with a product that blends life insurance coverage and potential long term care benefits.
Activist shareholder John Chevedden has filed a proposal urging Aflac to separate the Chairman and CEO roles.
Aflac’s board is recommending shareholders vote against the governance proposal at the upcoming annual meeting.
Aflac, trading...