Is Long Term Care Insurance Dead?
Insurance giants like Prudential, MetLife, and Allianz have exited the individual Long Term Care Insurance market, and many in the media have begun speculate that the industry is on life support. As Twain once mused after his obituary was prematurely published in a New York newspaper, “The reports of my death are greatly exaggerated.”
Death of Long Term Care Insurance: The Reports are Greatly Exaggerated
Countless articles that have been written in 2012, saying that Long Term Care Insurance is an impossible market to sell and service policies in. Most major news outlets have instinctually hit the panic button because, “if it[…]