Long Term Care Insurance Companies
Category Archives for Genworth
The Unaffordability of Long Term Care
A recent study by the AARP Public Policy Institute concludes that the likelihood of needing long term care in retirement poses a significant challenge for most households. The cost of long term care has risen each of the past five years with annual costs of $40,000-$80,000 that would financially devastate many American families. Since most […]
Battle of the Long Term Care Insurance Titans
The proverbial silver tsunami is sweeping across America and the need for long term care protection is at an all time high, but the perfect economic storm has brought the long term care insurance business to a near standstill. Just as many Americans are learning to adjust for today’s new economic realities, insurers are scrambling […]
American General Discontinues LTCI Program
American General has announced that it will stop selling long term care insurance. American General is just one more insurance company that has exited the long term care insurance market along with MetLife, Prudential, Unum, and more. READ MORE
When a Safety Net Is Yanked Away
MetLife will no longer be offering long term care insurance. John Hancock and Genworth have filed for permission to raise their long term care insurance premiums by an average of 40%. There are many problems for long term care insurers that are causing them to exit the business or raise their LTC premiums. Historically low […]
